Also set a £500m AUM target for investments in climate solutions in defaults by 2026
LCP says significant numbers of savers want to invest in responsible companies but default funds aren’t keeping up with these changing preferences. Holly Roach reports
In the second edition of AE Watch, Maria Nazarova-Doyle looks at the performance of the UK's largest DC default funds.
PP has teamed up with JLT Employee Benefits to launch 'AE Watch', an initiative that examines the investment performance of DC default funds. Maria Nazarova-Doyle takes a look at the findings.
In this week's Pensions Buzz, we want to know whether the amount of criticism leveled at The Pensions Regulator recently is warranted, and whether default funds are fit for purpose.
The 2017 edition of The Future Book suggests many default funds are not diversified enough to protect savers against market downturns, James Phillips reports.
The average pot size for members who actively select funds is £29,996 compared to just £3,790 for a defaulter, according to a study by Hargreaves Lansdown.