Defined Contribution

Taxpayers, the state and retirees have an uncertain future because of the ‘freedom and choice' policy introduced in April, according to research.

Almost one in eight calls to Fidelity's Retirement Service in October was from people enquiring about how to use their defined benefit (DB) pots following the April pension freedoms.

'Sensible' approach as smaller pots taken as cash and larger pots used for income, data suggests

How TPR is helping schemes meet its governance targets

Research from The Pensions Regulator (TPR) highlighted major gaps in trustee knowledge. Here are five key findings.

Half of schemes with non-professional trustees do not believe all of these trustees have knowledge levels meeting the standard in the regulator's code of practice.

The latest DWP campaign on auto-enrolment has drawn strong criticism from the industry but Helen Morrissey wonders if it might work.

Many trustees think their DC scheme assets are protected by the FSCS but this may not be the case. Helen Morrissey looks at why trustees need to be aware of how DC assets are protected.

Schemes should focus on increasing contributions rather than squeezing costs if they want to improve member outcomes, according to BT's head of pensions.

Retirement guidance still not up to scratch