Defined Contribution

Auto-enrolment has been a success so far but faces major challenges over the coming months. Helen Morrissey talks to pensions minister Baroness Ros Altmann on how to keep the project on track.

Early exit charges for members wanting to access their pot at age 55 will be capped at 5% according to Standard Life.

The Work and Pensions Committee has reopened its inquiry into auto-enrolment (AE) on the back of fears it could be undermined by the Chancellor's lifetime ISA (LISA).

Annuities are beginning to see a revival, as retirees shun drawdown and cash withdrawals for a guaranteed income, latest figures from the Association of British Insurers (ABI) have shown.

The Merchant Navy Officers Pension Fund has raised its funding level by 10% since 2012.

Employees of all ages are suffering from major gaps in financial knowledge according to research by Barnett Waddingham.

Early state pension access for women affected by the age increase could lead to flexibility for everyone.

Legal and General (L&G) has not followed its competitors to take action on early exit fees, despite agreeing to reduce legacy charges by £1m.

A ‘No' vote in the EU referendum could be risky for schemes but it would remove the threat of the holistic balance sheet (HBS), says PTL.

Retirees can benefit from combining annuity and drawdown into their investment portfolio to avoid significant financial hardship in old age, according to a study.