Defined Contribution

Asset managers must open up to allow investors to separate the skilful from the luck

The Pensions Regulator (TPR) has urged defined contribution (DC) trustees to ensure they are on track to meet charge capping and governance requirements introduced in April.

Royal London has urged the Financial Conduct Authority (FCA) to increase awareness of the tax implications of cashing out a pension pot at retirement.

Many employers are failing to help workers make retirement decisions, with three in ten not knowing where employees were getting information on the April pension reforms, according to research.

The Pensions Regulator (TPR) is to launch a tool to help small employers assess their work force for auto-enrolment and calculate contributions.

Baroness Eliza Manningham-Buller - the former head of Britain's Security Service (MI5) - has been confirmed as a keynote speaker at Professional Pensions' DC conference to be held in London on 9 September.

Proposed changes to European pension rules would make it harder for employers to change their defined contribution (DC) provider, according to Towers Watson.

Fraudsters targeting pension pots in the wake of freedom and choice reforms are increasingly linking their efforts to investment scams such as fine wines and overseas property, Citizens Advice has warned.

Open transfers would boost competition

The programme for this year's Professional Pensions Defined Contribution Conference - to be held in both London and Birmingham in September - has been announced.