Society of Pension Consultants

Professional Pensions has launched a Campaign for Better DC Default Options in a bid to raise awareness of best practice in defined contribution default design.

The industry must help come up with ideas to re-establish the balance of scheme risks borne by employers and employees, Society of Pension Consultants president Kevin LeGrand says.

Professional Pensions editor Jonathan Stapleton was awarded trade journalist of the year at the Society of Pension Consultants Journalist of the Year Award last night.

The DMO should issue CPI-linked gilts on shorter durations of ten to 20 years to match schemes' shorter-dated CPI-linked liabilities, two of the industry's biggest bodies say.

Auto-enrolment will be the "next catastrophe in the pensions industry", delegates at the Society of Pension Consultants conference heard.

There will be a cultural shift as older workers retrain to remain in the workforce longer, Steve Webb says.

Personal pension contribution has dropped by a sharp 10% since 2007, according to the Office for National Statistics.

The Society of Pension Consultants has urged government to pass legislation defining money purchase benefits immediately, or risk schemes not operating correctly.

Cross-border schemes are unlikely to make more than "very limited" progress because of the tax differences between member states in the EU, the Society of Pension Consultants says.

Sebastian Cheek assesses the outcomes of WRIC