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DC schemes

Displaying items by tag: DC schemes

Friday, 04 October 2024 11:59

Time for consolidation of DC pensions market

Investment company Abrdn has called for further consolidation of the DC pensions market to invest in a wider range of asset classes that could support growth of the UK economy.

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Almost one in five (16%) of schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) as part of a pilot into the effectiveness of its new rules over value for member assessments has opted to wind down.

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Automatic enrolment could more than double the numbers saving in DC schemes by 2030, according to the Pensions Policy Institute.
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