Defined Contribution

Four out of five investment advisers are concerned that inappropriate products are being rushed to market to take advantage of changes announced in the Budget, research finds.

Retirement advisory firms expect profits to rise as a result of new pension rules due to be implemented next April, and are already to looking to expand, research finds.

Aegon UK has estimated the charge caps for auto-enrolment business will cost it between £20m to £25m a year, as it reported a 30% rise in pre-tax earnings for the second quarter.

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

Most schemes plan to offer members more help at retirement than is proposed under the government's guidance guarantee, according to research carried out by Mercer.

Almost three quarters of respondents to a Professional Pensions poll said the industry was not doing enough to ensure members of legacy defined contribution (DC) schemes got value for money.

JPMorgan Asset Management (JPMAM) will rely on its existing fund range to meet demand for post-Budget retirement income offerings for defined contribution (DC).

Scottish Widows has unveiled its charging approach following Department for Work and Pensions (DWP) charges legislation.

Enhanced annuity sales in the UK dropped by a third in the wake of this year's budget, which announced a major overhaul of the retirement process, according to research.

The Pensions Regulator (TPR) has urged trustees to keep up to date with policy and legal developments by completing newly-created modules in its toolkit for trustees.