Defined Contribution

Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.

The University of Manchester is consulting on closing its non-academic staff final salary fund to future accrual and enrolling new recruits into a defined contribution (DC) scheme.

Some 36% of employees do not know that they have been automatically enrolled into a workplace pension, data from the Office for National Statistics (ONS) has revealed.

A record £2.3bn was withdrawn from pensions under Freedom and Choice in the second quarter of this year, according to HM Revenue & Customs (HMRC).

The Behavioural Insights Team has demonstrated how the pensions industry can go beyond AE by applying behavioural insights to improve member outcomes. Kim Kaveh reports.

Collective defined contribution (CDC) schemes risk creating "irreversible intergenerational injustice" and could undermine pension freedoms, Michael Johnson says.

Some 20 master trusts will not apply for authorisation with The Pensions Regulator (TPR) by the 1 October deadline to operate in the market, Baroness Peta Buscombe has said.

The DC market has been slower to adopt real assets and other potential diversifiers. Marc Haynes looks at why this needs to change

One in 10 of this year's retirees will take their entire pension pot as a lump sum, Prudential's 'Class of 2018' research finds.

Henry Tapper says CDC makes sense as a means of solving one of the most intractable of economic problems but this 'new order of things' is getting a bad reception