Myth-Busting UK Pensions: Why Bigger Isn't Always Better | Steve Charlton, SEI
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Learning: Unstructured
UK pension schemes are not missing out on high returns by skipping massive scale or illiquid alternatives. Evidence shows that scale yields only minor administrative savings, not better member outcomes. Trustees must recognise the real risks of illiquid assets and resist regulatory mandates that undermine their fiduciary duties. Instead, the UK's true competitive edge lies in customised default strategies and strong member communication.
