Pensions is more than just investments, at least for me!
My first stint with the pensions industry started in the year 1997, when music from Elton John, the Spice Girls and the Backstreet Boys were topping the charts!
Our first consultation on Defined Benefit (DB) funding closed last month (September). It ran for six months and we wanted the industry’s help to shape the foundations of how we regulate DB schemes for years to come. I’m delighted that we received about 150 responses.
The second essay in a series of six produced by the PMI’s Master Trust Innovation Workstream looks at what we can expect Master Trust investment propositions to look like in five years’ time.
With Royal Assent of the Pension Schemes Bill expected by the end of 2020, Collective Money Purchase – commonly known as Collective Defined Contribution (CDC) – schemes will become a reality.