Around 1.6 million pots are left unclaimed by members
The number of DC schemes stood at 27,700 as at December 2021
James Phillips says superfunds will provide a good alternative in the right circumstances
Clearance applications and statutory notices to members will push transfers to Q2
Behind the scenes video snippets with keynote speakers from yesterday’s PP Live
Consolidation drive comes alongside confirmation of charge cap changes
Companies are increasingly looking to consolidators, superfunds and other sophisticated financial structures to help remove their defined benefit (DB) liabilities, The Pensions Regulator (TPR) says.
Transfers to defined contribution (DC) master trusts will continue well into 2021, latest research from Sackers reveals.
Stephen Richards says government regulation will herald an ‘avalanche’ of DC scheme transfers to master trusts. He sets out his predictions and a word of caution.