Majority of PP survey respondents want to see regular reviews of DC default funds
Aon’s Katherine Patel says schemes must play their part tackling climate change
PPI explores how investment strategy could better meet the needs of certain members
Research revealed charges have a measurable and material impact on members’ retirement income
The Pensions Regulator (TPR) deserves recent criticism over past failings, notably with Carillion, according to a narrow majority of this week's Pensions Buzz respondents.
Some master trusts have been criticised for exposing members to too much risk one year prior to retirement. Michael Klimes explores the difficulty of balancing risk exposure.
Respondents believe there is a good spread of funds available under the 0.75% cap.
This week we want to know if the 0.75% charge cap makes it harder to offer a good auto-enrolment DC default fund and if asset managers need to be more innovative in the way they charge schemes.
The Trades Union Congress (TUC) has said more must be done to develop default pathways so defined contribution (DC) savers have enough to live on in retirement.
Default solutions need to be amended to take account of the changing use of funds at retirement since Freedom and Choice was introduced, Zurich has said.