In my last blog, I said the world had changed with a move away from defined benefit (DB) pensions.
For much of the twentieth century, private or workplace pensions meant defined benefit.
In our Governance and Trusteeship consultation, we asked how we could help trustees improve the diversity of trustee boards, something we believe is crucial.
As Michael Johnson recently outlined in his letter to the Select Committee on Intergenerational Fairness and Provision, Generation Y (aka millennials) could be the first generation to experience a lesser quality of life than their baby boomer parents.Continue reading
We want to accelerate the consolidation of pension schemes. Why? Because many smaller schemes are simply not good enough.Continue reading
Making workplace pensions work is at the heart of what we do, but it’s also the job of those who fund and manage pension schemes.Continue reading
Some things are foreseeable. As automatic enrolment has created hundreds of thousands of new pension memberships, so the defined contribution (DC) market was inevitably going to grow.Continue reading