Defined Contribution

The average annual management charge is 0.71% and 0.84% for defined contribution (DC) trust-based and contract-based schemes respectively, according to Department for Work and Pensions (DWP) research.

Rachel Dalton looks at the government’s latest report on DC scheme demographics

Labour MP Rachel Reeves has demanded Prime Minister David Cameron "clarify" the government's position on a charge cap for defined contribution (DC) schemes.

Retirees could be given the chance to switch annuity providers during a one-year ‘cooling off period' after agreeing a contract, pensions minister Steve Webb says.

This week, Buzz respondents said trustees must get better at understanding fees.

Most respondents think the industry should focus on defined contribution to improve the image of pensions.

The Financial Conduct Authority's (FCA) thematic review of the annuity market has been criticised for not going far enough, fast enough.

Buck Consultants’ Fraser Smart says small pots and state pension top-ups could combine

The Office of Fair Trading (OFT) has appointed leading figures from the pension industry to the board that will oversee the audit of defined contribution (DC) legacy schemes.

Labour has vowed to push through a pension charge cap and make using an annuity broker mandatory should it win the next general election.