Defined Contribution

More than £1.8bn was withdrawn from pension pots in the first two months after the introduction of freedom and choice, according to the Association of British Insurers (ABI).

The National Employment Savings Trust (NEST) quadrupled its assets under management over the year to the end of March to £420m, according to its annual report.

The government should ensure a decent guaranteed income is the default option for defined contribution (DC) retirees according to the Strategic Society Centre.

Lobby group ShareAction has urged policymakers to stop imposing "heavy-handed" regulation after its research has found the UK pensions sector is "creaking".

Taking 'freedom and choice' to the masses

Savers with the smallest defined contribution (DC) pension pots are struggling to access freedom and choice, the National Association of Pension Funds (NAPF) has warned.

Why DC schemes might have to give personalised risk warnings to retirees

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

David Harris looks at the challenges caused by UK retirement policy and asks how we can fix things.

Auto-enrolment safeguards will not prevent mis-selling on an industrial scale