Defined Contribution

Just under 200,000 people accessed their pensions using Freedom and Choice in the third quarter of the year, HM Revenue and Customs figures have revealed.

Smart Pension is seeking to introduce a mechanism whereby its savers can add to their pension pot when making purchases online or the high street.

Baroness Ros Altmann has attacked the annuity market for failing to inform savers that better annuity rates may be available to them, calling for an investigation.

Academy Award-winning actors have called on Aviva to set up a low-carbon default fund for the £110m Equity Pension Scheme.

Schemes must develop improved engagement and investment strategies to cope with the dramatic change in defined contribution (DC), industry experts say.

Jamie Jenkins, one of the three chairs of the DWP external advisory group of the AE review, speaks to Kim Kaveh about its key themes.

The disparity in the investment performance of the UK's top 10 defined contribution (DC) default funds is so large that savers in the best and worst funds are seeing a difference in annualised returns of nearly 50%, JLT research reveals.

National retirement income targets are needed to help savers understand whether they are putting away enough money for old age, the Pensions and Lifetime Savings Association (PLSA) suggests.

Yesterday, Richard Thaler was awarded the Nobel Prize in Economics. Jonathan Stapleton takes a look at how his concept of 'Save More Tomorrow' can help firms increase employee pension savings and engagement

Jonathan Stapleton says we need to increase DC scheme fees if we hope to improve investment quality and the sustainability of providers.