What is a target date fund?
Tim Banks, our Head of DC Sales and Client Relations, explains how target date funds can offer much greater simplicity for members, trustees and providers.
August 23, 2012
No guarantee of success
Guarantees may have a place in retirement provision, says David Hutchins, AllianceBernstein’s Head of DC Investments, but our experience suggests that to be successful the implications need to be well thought through.
July 26, 2012
How Engaging Should DC Try To Be?
We suggest that getting better results from DC pension members may involve accepting that most people won’t become engaged in the pension process. Better to offer them a default approach that works in their best interests, argues Tim Banks, our Head of DC Sales and Client Relations.
July 20, 2012
Delivering Effective Diversification
Rising volatility and regulatory pressures are putting the focus on diversification in defined contribution pensions. The most effective diversification is achieved by splitting the asset allocation from the underlying management of the assets, while incorporating a dynamic element in the process, suggests Tim Banks, our head of DC and Client Relations.
July 9, 2012
Improving income choice for retirees
With auto enrolment bringing millions of new savers into defined contribution pensions, Tim Banks, our Head of DC Sales and Client Relations, asks whether a managed drawdown arrangement might not allow them to make better decisions at retirement than buying an annuity as soon as they give up work.
June 21, 2012
Reinventing the Glide Path
David Hutchins, our UK Head of DC Investments, argues for a more flexible approach to investment glide paths, while Tim Banks, our Head of DC Sales and Client Relations, unpicks some of the myths that surround target date funds.
June 18, 2012
PMI News Investment Insight
Giving Retirees a Real Choice
We question whether a flat-rate, single-life annuity is still the best way to secure a retirement income for most DC savers. Tim Banks, our Head of DC Sales and Client Relations, argues that using the age-based approach we use with our target date funds in the early stages of retirement could provide a better solution.
May 31, 2012
Low-cost Drawdown Plans Offer Escape from “Annuity Trap”
Emma Simon, Deputy Money Editor of the Daily and Sunday Telegraph, suggests that low-cost income drawdown plans like AllianceBernstein’s Retirement Bridge range should offer a lower-risk alternative to conventional drawdown products.
May 21, 2012
Giving Retirees a Genuine Choice
Few people think about how they will secure an income when they give up work, so most end up with a flat-rate single-life annuity. Tim Banks, our UK Head of Sales and Client Relations, argues that giving them more choice could ultimately also leave them with more retirement income.
May 14, 2012