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Value destruction risk at retirement 'huge'; Industry urged to provide personalised guidance RSS Feed Our RSS feed is provided for personal use. Re-publication of Professional Pensions articles via RSS on another website is a breach of copyright and is prohibited. If in doubt please contact us.RSS feed Most popular content Events Industry Voice Guides If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. We are at the point where the 'governm...

Australians should consider putting their money in their superannuation instead of property as fund balances are now growing faster than house prices. Analysis by Chant West showed median growth-orientated retirement balances surged by 12.2 per cent since July 1 - something unthinkable only a year ago. The double-digit growth in just nine months, to the end of March 2021, was even stronger than the 7.7 per cent surge in Sydney's median house price during the past year. Australia's share market was this week close to reaching a record high, with the benchmark S&P/ASX200 just 1.5 per cent below...

Published: 13 Apr 2021 Does your defined contributon pension scheme offer value for money to its members? Or would their interests be better served by transferring into a Master Trust? This is the question HR and finance directors of small trust-based DC schemes will be required to answer under proposed legislation due to take effect later this year. The UK government has recently issued legislation for consultation which, if introduced, will mean businesses with DC schemes with assets of less than £100 million will need to assess whether their scheme off...

Legal & General saw flat movements in operating profit over the course of 2020, and a fall in profit after tax, although its retirement and investment management businesses grew.

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers