Defined Contribution

The People's Pension has become the first occupational defined contribution (DC) master trust to obtain independent assurance under a new framework.

Jonathan Stapleton asks if transparency could help schemes reduce fees

MPs have launched an inquiry into the progress of auto-enrolment after the shock changes to the pension system announced in the Budget.

National Employment Savings Trust (NEST) remains the largest auto-enrolment (AE) master trust with over 1.5 million members as of 1 September 2014.

Half of employees on lower incomes are now saving adequately for retirement due to automatic enrolments according to research.

Many people look to the US and Australia as models of DC best practice. However, are we right to follow their lead when it comes to decumulation? Helen Morrissey takes a closer look.

The government is looking into exit fees levied on people cashing in their defined contribution (DC) pots, but has as yet no plans to intervene, says Steve Webb.

The success of the pot follows member policy will depend on better efficiency and cost control, according to Origo.

Trustees have been warned of a lack of regulation surrounding new rules to allow pension members to access their defined contribution (DC) pots directly.

The majority of defined contribution (DC) pension schemes will revamp their default strategies within 18 months, according to research.