Welcome to our regular briefing on topical issues facing defined contribution (DC) pension arrangements, including DC Master Trusts.
In this briefing we take a look at how the DC market is evolving as a result of both new requirements on trustees, forthcoming changes and some of the big issues yet to be addressed.
Will more rigorous Value for Money reporting requirements achieve the government’s drive for consolidation? Will trustees revisit their investment strategy and asset allocation to consider the pros and cons of a less liquid portfolio? Will a solution be found to address the small pots dilemma? There is certainly no shortage of challenges or debates to be navigated by trustee boards. Finally, we also consider next steps for auto-enrolment and reflect on one of its biggest weaknesses: the gender pay gap.