Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.
The industry needs to proceed with caution when giving members’ the illusion they have voting rights on the shares in their pension scheme, PTL says.
The pensions industry should “take advantage of our increasingly connected society” to drive enhancement in pensions, PTL says.
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
Defined contribution (DC) scheme consolidation could be undone as diseconomies of scale begin to emerge, says PTL managing director Richard Butcher.
Trustees should not automatically dismiss investments in certain sectors on the basis of their core operations but consider their wider fiduciary duty to members, says Richard Butcher.
Data definitions, better stewardship, and increased education are central recommendations for overcoming the barriers to climate-aware investing, the Pensions and Lifetime Savings Association (PLSA) says.
Here they are - the winners of the UK Pensions Awards 2020...
Richard Butcher says the past 25 years has been a mixed bag when it comes to pension reform but says more change is still needed to fix the system.
River & Mercantile’s (R&M) fiduciary management arm has appointed PTL to conduct an independent value for members review of its portfolio of defined contribution (DC) clients.