FTSE targets UK pensions industry with defined contribution index

FTSE has created an index to help asset managers and retail investors navigate the pensions market. The index provider has partnered with London-based data services firm Pension DCisions to create the first benchmark for the UK’s defined contributions market.

The Pensions DCisions index series provides five indexes for investors at different life stages, from those who are saving for retirement to those at the point of retirement.

“Looking at the defined contributions pension arena, there has to date been no comprehensive and broad market benchmark; there was limited guidance and no transparent way to share to existing managers of defined contribution funds how their allocations compared to others or to a norm in the industry,” says Tony Raw, FTSE’s