Defined Contribution

Pension professionals have reacted with outrage to Treasury plans to cut the money purchase annual allowance (MPAA) from £10,000 to £4,000 from April.

Ever since Freedom and Choice there have been worries people could spend their pension savings too early on. Michael Klimes considers a way to prevent this

The Department for Work and Pensions (DWP) is consulting on a set of proposals for how new companies will engage with the auto-enrolment (AE) regime.

The "rules of thumb" for sustainable drawdown income should be abandoned and replaced with tailored rates based on individual circumstances, Aegon has said.

A DCIF report raises concerns about lack of investment choice in master trusts and difficulties in distinguishing between providers. Michael Klimes explores the details

The government has blundered by failing to include rate hikes past 8% in its forthcoming review of automatic enrolment (AE), Frank Field has said.

The government has announced that Ruston Smith, Jamie Jenkins and Chris Curry will chair the external advisory board for this year's review of auto-enrolment (AE).

The Treasury has announced that from April savers will be given tax-free early access to their retirement pots in order to pay for advice.

Brexit will not have a material impact on auto-enrolment (AE) contribution rates and should not be used as an excuse to meddle with the regime, the industry has said.

Millions of low-paid earners and self-employed workers will be missing out on pensions unless the government expands the auto-enrolment (AE) programme, Association of Consulting Actuaries (ACA) research finds.