Defined Contribution

The National Employment Savings Trust (NEST) is planning to add single-year maturity gilt funds to the ‘building block' funds it uses in its default retirement date funds.

BESTrustees has appointed Mercer's Rachel Brougham as a trustee executive to meet increasing demand from master trusts and insurers setting up independent governance committees (IGCs).

Ikea has topped up long-serving employees' pension pots by more than £1,000 each as part of a €200m (£157m) bonus scheme.

The Treasury will net an additional £1.15bn in taxes as a result of defined benefit (DB) members transferring to take advantage of incoming defined contribution (DC) freedoms.

The National Association of Pension Funds (NAPF) has published its 40th annual member survey, charting four decades of change in workplace schemes.

Nearly one in six MPs (15%) expect the state pension to disappear within a generation, according to research from Now Pensions.

Legal and General (L&G) has announced a major restructuring that will see its defined (DC) contribution platform being moved into the group's investment business.

Top stories on PP this week have included a potential £2bn windfall for sponsors, a complex £2.5bn buyout, a government U-turn on freedom and choice and calls for a drawdown fee cap. Here's what you might have missed.

More than half of retirees could be at risk of making poor decisions with their defined contribution (DC) savings by 2024, warns the Pensions Policy Institute.

The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and announces tougher rules on bodies delivering guidance.