It has been a long and tortuous process, but the pension schemes bill has finally completed its passage through parliament and we just await the formality of Royal Assent before we have the Pension Schemes Act 2021 (the Act). Well done to Pensions Minister, Guy Opperman, for (almost) achieving his goal to pass this legislation in … Continue Reading
Today’s discussions around Collective DC pension schemes (“CDC”) highlight investment performance, and ask us to consider that pooling of the investment risk could bring better outcomes for all. In a CDC scheme, investments (particularly equity investments) can be held for longer than would normally be possible within any particular individual’s pension portfolio, thus allowing for … Continue Reading
