Defined Contribution

Alan and Overy's Helen Powell highlights key issues for trustees for April 2015

The shakeup coming to pensions in April 2015 has given trustees of defined contribution (DC) schemes a lot to think about. High on the list of concerns is what to do with their investment strategies.

The state pension will be an adequate safety net if people make bad decisions when pension freedoms come in from April 2015 according to Prime Minister David Cameron.

Which charges in default funds will be capped from April?

What schemes have to do and when

Employers are much more optimistic about the pension reforms than their workers, according to Towers Watson retirement practice head Peter Rowles.

Pensions minister Steve Webb has put annuity reform at the top of his wish list should he remain in post after the election.

Pensions may no longer be the best option for retirement savings on their own, according to speakers at the National Association of Pension Funds (NAPF) conference.

Independent governance committees (IGCs) should be made up of single candidates rather than a professional trustee firm, according to Cass Business School.

The UK should not be scared of giving freedom and choice to people in their pensions, according to Association of Superannuation Funds of Australia chief executive officer Pauline Vamos.