Defined Contribution

An overwhelming majority of millennials are considering including annuities in their retirement strategies according to research.

The Pensions Regulator (TPR) has warned trustees risk being fined if they do not prepare for changes in their annual defined contribution (DC) scheme returns.

PP looks at the details of the guides aimed at helping trustees implement the revised DC code.

LV= chief executive Mike Rogers has announced his intention to step down after ten years in the role.

The biggest stories this week were backlash over Bentley's plans to pass NI costs onto DB members, Rothesay Life buying two-thirds of Aegon's bulk annuity book, and speculation over the future of the British Steel scheme.

The pensions minister has called on the industry to devise a standardised document to present members' defined contribution (DC) savings in the same format.

The number of defined benefit (DB) industry professionals has declined by just 4% over the past five years according to the Pensions Management Institute (PMI).

Redington has hired Jinesh Patel as vice president of its defined contribution (DC) and financial wellbeing consulting practice.

Almost one in four workers expect to work past the age of 65 because of seven years of low interest rates according to Canada Life research.

Marjorie Ngwenya has been appointed as president-elect of the Institute and Faculty of Actuaries (IFoA).