Defined Contribution

The industry has been calling for some sort of alternative to defined benefit (DB) schemes for as long as I can remember - saying such arrangements could provide a third way between DB and defined contribution (DC) schemes.

Some 54% of savers are 'very' or 'fairly' confident their retired income will provide their desired standard of living, data from the Office for National Statistics (ONS) has revealed.

The aggregate total private pension wealth of all households in the UK in July 2014 to June 2016 increased to £5.3trn, according to the Office for National statistics (ONS).

Royal Mail and the Communication Workers Union (CWU) have agreed in principal to work towards introducing a collective defined contribution (CDC) scheme for all employees.

Graham Vidler says government and industry have the perfect opportunity to deliver a consistent message about the value of saving for retirement

Defined contribution schemes face a whole raft of challenges in 2018. Kim Kaveh looks at how they should be approached

Recommendations encouraging pension funds to vote against companies failing to act on climate change have been published by the Pensions and Lifetime Savings Association (PLSA).

Collective defined contribution (CDC) arrangements could be set up without needing full CDC legislation, which would speed up and make the process easier, the Communication Workers Union (CWU) has claimed.

A set of tools to help trustees quiz their advisers and gain confidence in their decision-making has been produced by Aon.

Some £5.4bn was put into defined contribution (DC) pension schemes last year - an increase of 21% year on year, according to The Pensions Regulator (TPR).