No choice can be the right choice
Choice is considered a good thing. But in the auto-enrolment market, offering options for defined-contribution pension schemes can end up adding no value and increasing the cost to members.
No choice can be the right choice
Choice is considered a good thing. But in the auto-enrolment market, offering options for defined-contribution pension schemes can end up adding no value and increasing the cost to members.
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UK watchdog lambasts pension fees
A scathing report into the United Kingdom’s £275-billion ($441-billion) defined contribution pension sector by national watchdog the Office of Fair Trading that lambasts high charges and complexity could have gone further say modern, low-cost pension providers. The OFT has agreed a range of reforms to the workplace pension market after its study found millions of
NOW: Pensions crosses borders
In the city of Hillerød outside Copenhagen in Denmark, a small group of Danes want to teach the United Kingdom’s pensions industry a thing or two. Where UK trustees tend to see fund choice as a blessing, Denmark’s DKK579-billion ($101.6-billion) public pension plan ATP has always viewed picking and choosing between different managers as more
Opinion