Defined Contribution

A controversial decision to slash the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 will be scrapped as the Treasury seeks to trim the Finance Bill.

Older workers are more likely to opt out of a workplace pension than their younger counterparts. Michael Klimes explores why and how it could be fixed.

Large employers may begin offering a lifetime or workplace ISA as part of their employee benefits package within the next five years, Willis Towers Watson research has revealed.

Savers aged 20 need to put away £131 every month into a defined contribution (DC) pot to achieve a £26,000 annual income in retirement, Which? research has suggested.

Nearly half (47%) of 35 to 54-year-olds plan to use property to fund their retirement lifestyles, with some anticipating this despite not yet owning their own home.

Michael Klimes finds assumptions that use annuities to underpin DC projections may need to be re-examined in light of Freedom and Choice

Pensioners are at risk of paying more tax than necessary by withdrawing over 25% of their fund in one lump sum, a Prudential analysis has found.

Savers using drawdown in retirement are potentially accessing their funds at an unsustainable rate, with money likely to run out within 25 years.

More than half a million employers have now been brought into the auto-enrolment (AE) regime with over 7.6 million people now saving in a pension.

Lydia Fearn says we need to tap into the emotions of saving to boost engagement