Last year Tesco replaced its DB scheme with a low cost DC arrangement targeting investment strategies that push the boundaries of typical DC funds. Stephanie Baxter explores why the award-winning scheme breaks the mould.
The People's Pension has made Ruston Smith and Sue Lewis trustee directors to sharpen the provider's attention on members and employers.
Understanding members' retirement objectives is key to ensuring default strategies remain fit for purpose according to Tesco group pensions director Ruston Smith.