CDC and TCFD regulations were the biggest stories for Professional Pensions readers this week
Policy board chair takes over from Richard Butcher at the PLSA’s AGM in October
PTL warning comes as figures show the average pension pot is 18% of the recommended total
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.
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.
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
The Pensions and Lifetime Savings Association (PLSA) has opened applications for its chair position as Richard Butcher prepares to step down from the role.