Defined Contribution

TPR reminds trustees about the importance of honesty and competence

There is no certainty of when taxpayers will be paid back the loan which was made to establish the National Employment Savings Trust (NEST), the Public Accounts Committee has found.

Towers Watson's master trust LifeSight has attained the regulator's master trust assurance framework (MAF) accreditation just months after receiving the Pension Quality Mark (PQM) Ready assurance.

Achieving better member outcomes is the top priority for defined contribution (DC) schemes according to Aon's DC Survey.

A fresh approach is required

The industry believes The Pensions Regulator (TPR) must give trustees more guidance on reporting on value for money, PP research finds.

The Society of Pensions Professionals (SPP) has published two standardised reporting statements to help trustees and independent governance committees (IGCs) comply with recently-introduced governance requirements.

RPMI has achieved the PQM Plus standard for its employee scheme in recognition of the governance standards, communications and contributions.

Hybrid schemes lead to much better governance and investment outcomes than pure defined contribution (DC) or defined benefit (DB), according to a report by the 300 Club.

There is considerable uncertainty over how the new DC governance rules fit in with the existing framework, finds Stephanie Baxter