Pensions

Down arrow

UK annuities market could decline by up to 75 per cent, says PwC

The UK annuities market could decline by up to 75 per cent after the recently announced changes to compulsory annuity purchase come into effect, according to PwC analysis. »


Clock

Target date strategies to capture lion’s share of 401(K) contributions

Target date strategies will capture 63.4 per cent of 401(k) contributions in 2018, research from global analytics firm Cerulli Associates predicts.  »


Catherine Doyle

Product innovation can survive auto-enrolment fee cap, says BNY Mellon’s Doyle

The UK government’s decision to impose a 0.75 per cent fee cap for those in auto-enrolment schemes from April 2015 appears to unduly restrict investment options, according to Catherine Doyle, head of defined contribution, UK at BNY Mellon Investment Management. »


Adrian Walker, retirement planning manager at Skandia

Lamborghini pension fund withdrawals unlikely, says Skandia

Less than 10 per cent of Skandia’s current flexible drawdown customers have taken, or are currently in the process of taking, the entire value of their pension savings.  »


Adrian Walker, retirement planning manager at Skandia

Skandia launches new flexible drawdown system

Skandia has launched a system functionality to enable customers and financial advisers to take advantage of the UK’s new flexible pension regime with immediate effect. »


Index

Average 401(k) participant invests 60 per cent in index funds, says Vanguard

The use of low-cost index funds by participants in Vanguard 401(k) plans rose sharply from 2004 to 2012, with the average participant now investing 60 per cent of their account balance in index funds. »


Computer screen

SunGard launches WealthStation PlanAdvisor for 401(k) plans

SunGard has launched WealthStation PlanAdvisor to help investment advisors and other plan fiduciaries serving qualified retirement plans to grow their client base. »


Five fingers

Skandia highlights five changes for a clearer UK pension market

Ahead of this week’s UK Budget announcement, Skandia is repeating its call for the Chancellor to improve access to workplace financial advice, along with four other key changes for a clearer market. »


Coins

More than half of 401(k) participants own a target-date fund, says Vanguard

More than half (55 per cent) of the participants in 401(k) retirement plans at Vanguard now hold a target-date fund, giving them a disciplined approach to investment risk-taking that automatically grows more conservative as they age. »


Report

Compliance ‘obsession’ is major obstacle to growth in D2C platforms

Whilst nearly 90 per cent of firms predict substantial growth in D2C platforms over the next few years, many are being held back by worries over perceived compliance issues. »


Upcoming events

Upcoming training

Mon, 12/05/2014 (All day) - Dubai
Tue, 13/05/2014 (All day) - Dubai