Labour has criticised the Government’s ‘pot follows member’ automatic pension transfer plans and proposed an alternative scheme with a 0.5 per cent charge threshold for participating providers. In April, the Department for Work and Pensions set out proposals to introduce a new auto-transfer system for people with pension pots worth less than £10,000. Policymakers are […]
Now: Pensions trustee chairman Nigel Waterson has criticised the industry for indulging in “false euphoria” over early low automatic enrolment opt-out figures. Analysis by the Department for Work and Pensions suggests opt-out rates have been around 9 per cent on average for the first six months of auto-enrolment, leading some in the industry to brand the […]
The National Association of Pension Funds has reiterated calls to create a single pensions regulator and warned auto-enrolment will make the current regime “increasingly unsustainable”. Pensions regulation is currently split between the FCA, which regulates contract-based schemes, and The Pensions Regulator, which is responsible for regulating all workplace pensions, including trust-based defined contribution schemes. The […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses how the firm takes into account human behaviour when constructing their portfolio, specifically by embedding the idea of volatility targeting in all of their strategies.
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]