Chris Wagstaff

With the recent launch of the 7th annual edition of the Pension Policy Institute’s (PPI’s) The DC Future Book, compiled, as it has been since its inception, in association with Columbia Threadneedle Investments, we look at the key findings of this year’s research and what actions should be considered if good retirement outcomes are to become the norm.

Securing value for money, or value for members, particularly from a scheme’s asset managers, is central to achieving good retirement outcomes. With this in mind, we consider what constitutes value for money and whether it is being achieved.

With trustee investment governance, in many cases, being tested to the limit, not least in the early stages of the pandemic, in this edition we focus on generating better pension outcomes through improved investment governance and innovative investment thinking.

In this edition we focus on the increasingly discussed spectre of inflation resurfacing and bond yields rising, as economic growth gathers momentum and supply shortages see many commodities and manufacturing components post dramatic double-digit price rises. Ultimately, we consider the implications for pension scheme funding.

In this edition we focus on the latest, and one of the most illuminating, industry reports to warn of the imminent deterioration of retirement outcomes, principally as a consequence of wholly inadequate Defined Contribution (DC) saving.

In this edition we focus on why, how and to what extent climate change risk management has been dialled up by recent legislation, regulation and global collaborations and why this matters.

With the adequacy, sustainability and even integrity of the world’s pension systems being tested to the limit, the Netherlands has achieved more than most in meeting the demographic, economic and financial challenges that have compromised many other pension systems over the past couple of decades.

In this edition we focus on why, how and to what extent to increase contributions to defined contribution schemes if good retirement outcomes in the UK are to become the norm.

This month we focus on why 2021 could be a turning point for UK pensions and the year in which the UK system may well be awarded a prestigious B-grade for the first time since 2015