Defined Contribution

The rapid rise of evergreen and openend private market vehicles has been celebrated as a breakthrough for defined contribution (DC) investors.

TPT Retirement Solutions’ Georgie Edwards sets out why private markets can play an important role in DC pensions after retirement – but only if schemes can navigate an increasingly uncertain policy landscape.

Nest’s new venture capital strategy is about more than a £200 million allocation. It reflects a broader shift in UK DC investing, as master trusts become increasingly willing to move further up the company lifecycle in search of long-term returns.

As private markets become established within DC portfolios, the next challenge is to determine how long members should remain invested after they reach retirement.

Infrastructure and real estate are increasingly being viewed as growth assets rather than portfolio diversifiers, with investors arguing they can play a much larger role in improving long-term retirement outcomes.

Private markets have won a place in DC portfolios. Now schemes face the more difficult challenge of deploying capital at scale while balancing returns, fees, governance and growing political expectations.

Pensions UK says the focus must now shift from headline commitments to the practical mechanics of deploying long-term capital into UK venture, infrastructure and…

TPT Investment Management investment director sets out his thinking on making allocations to meet government objectives – and do best by members

TPT’s expansion into alternative structures for pension funds highlights how larger allocations to illiquid assets can be utilised during the retirement phase

£400 billion in DC savings is a tempting target for a government struggling to fund its preferred causes and achieve economic growth, so the…

Standard Life chairman calls for DC fund signatories to more than double 10% private markets allocations Standard Life chairman Sir Nicholas Lyons used a…

From co-investment-heavy portfolios to equity-based liquidity management, Mercer is using scale across its DC platform to embed private markets into its default strategy. Mercer…