Funds Hub

Money managers under the microscope

The Nick Clegg of the pension world…

Emerging resplendent from the shadows of  more illustrious peers after long years spent relevant only to a modest group of those in the know; attributes not only pertinent to the ascendant LibDem leader but also to Defined Contribution pensions, known as DC.

It’s no wonder their popularity is growing: DC funds¬†are cheaper for sponsors — albeit riskier for employees , who have done a great job of pretending these schemes which pay out based on investment returns will provide them with the kind of plush retirement the old guard of final salary schemes seemed to promise.