Almost a fifth of schemes have not reviewed their default investment strategy in light of freedom and choice according to Lifesight, the master trust owned by Willis Towers Watson.
Changes to defined contribution scheme (DC) governance over the last five years have not improved member outcomes, according to 61% of pension managers and trustees in a survey.
Fiona Matthews considers whether employers should facilitate income drawdown for staff
Towers Watson's master trust LifeSight has attained the regulator's master trust assurance framework (MAF) accreditation just months after receiving the Pension Quality Mark (PQM) Ready assurance.