PADA investment recommendation due in summer 2010

clock

PADA expects to finalise its recommended investment approach by the summer of 2010.

Publishing responses to its investment consultation today, the authority believes further research is needed to provide the Personal Accounts trustee corporation with final recommendations. Respondents to the consultation largely supported PADA's suggestion to use target date funds to ensure members have appropriate investment strategies to suit their particular retirement needs. Recommended assets for the default fund consisted largely of UK and global equities, bonds, cash, property and commodities. There was a lower appetite for more niche asset classes, such as private equity, ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

State pension age review: Govt launches call for evidence

State pension age review: Govt launches call for evidence

UK faces long-term demographic pressures

Jenna Brown
clock 18 August 2025 • 2 min read
FCA to crack down on life insurers with 'slower' pension transfer service times

FCA to crack down on life insurers with 'slower' pension transfer service times

Regulator warns slow pension transfers risk harming client outcomes

Isabel Baxter
clock 15 August 2025 • 5 min read
Tony Müdd: The QROPS market is dead, isn't it?

Tony Müdd: The QROPS market is dead, isn't it?

'The tax a member pays on their QROPS income hinges on a dizzying array of factors'

Tony Müdd
clock 11 August 2025 • 11 min read