The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Superannuation

UK to follow Australia's lead in creating megafunds

BY JAMIE WILLIAMSON | THURSDAY, 14 NOV 2024 12:20PM

In what's considered the most significant reforms to the UK retirement sector in decades, the defined contribution schemes of 86 administering authorities will be consolidated and their assets pooled to create megafunds.

Upgrade your subscription to access this article

And gain access to:

All archived news content
Access to the Financial Standard app
Home page news customisation
Financial Standard 's fortnightly newspaper
25% discount on tickets to networking events

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

VIEW COMMENTS

Related News

►	Macquarie fined $25m over 400 fake trades
►	FCA changes bonds, derivatives transparency rules
►	Regulators to clamp down harder on greenwashing
►	UK regulators propose framework for workplace pension schemes
►	Super Members Council renews calls for anti-hawking extension
►	Social media influencers charged for promoting shady investments
►	FCA issues notices to Link Fund Solutions, Woodford
►	Financial Conduct Authority cracks down on finfluencers, firms
►	UK advisers told to review retirement advice processes
►	Sexism in the City: UK financial sector slammed

Editor's Choice

Moonfare launches in Australia

KARREN VERGARA

Global private equity platform Moonfare, with $5.5 billion (€3.3bn) in assets under management, has established footprints in Australia to target wholesale investors.

Insignia exec appointed local chief of MUFG Retirement Solutions

ELIZABETH FRY

A former Insignia Financial exec has taken on a leadership role at MUFG Retirement Solutions.

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN

AMP is rolling out a new digital advice solution, in partnership with Bravura, providing its super fund members with retirement guidance.

Partners Group staffer quits to join NYC firm

ELIZABETH FRY

Marcus Clitheroe is the first local hire for the multi-strategy private markets investment firm Siguler Guff.

Videos

Brought to you by

Recipe for retirement readiness

Gearing up

Confidence guaranteed

Entering a new era

Under the hood

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Jenny Taing

Principal Solicitor

KHQ Lawyers

'Chameleon ETFs': Still groundbreaking and here to stay?

It was coined as a 'gamechanger' - an ETF that can be bought and sold on the ASX or Cboe Australia but that can also be applied for, and redeemed, directly ...

READ MORE

Robert Talevski

Managing Director

Activam

Tailored or off-the-shelf: What's right for your practice?

In the ever-evolving landscape of wealth management, financial advisers and investment professionals are faced with a multitude of choices when it comes ...

READ MORE

Nathan Robertson

Chief Executive Officer

Alvia Partners

Five principles for successful family office investing

At the time of writing, Australian public companies were at the end of another round of reporting their half-yearly financial results. For investors and ...

READ MORE

Robert De Dominicis

Chief Executive Officer

GBST

Mistaking financial literacy for retirement literacy

Many are unclear about how to transition from working life to retirement, particularly regarding their retirement savings and the options available to ...

READ MORE

Industry Events

MORE INDUSTRY EVENTS

FEB

Advisers Big Day Out - Adelaide

Featured Profile

MORE PROFILES

Raelene Seales

CHIEF EXECUTIVE OFFICER
PRIME SUPER

Prime Super's Raelene Seales' immersions in cultures of innovation and creativity have equipped her to breathe new life into the fund, to the benefit of its broad church of members. Andrew McKean writes.

READ MORE