Defined Contribution

Schemes can expect to get clarity as to what the guidance guarantee entails by the end of the year according to pensions minister Steve Webb.

Standard Life has said its sales of annuities have fallen by half following changes to the rules around retirement announced in last month's Budget.

The cost of providing the guidance guarantee will fall on schemes according to pensions minister Steve Webb.

Is focused advice a viable option?

Consumer group Which? has shelved plans to launch an annuities advice service following the far-reaching changes announced at Budget 2014.

Two thirds of the pension industry think the government should consider compulsory saving to make sure as many workers as possible had something to supplement their state pension.

The majority of the industry believes auto-enrolment (AE) in its current form will not deliver the retirement income targeted by the Pensions Commission.

Dunelm Soft Furnishings underpaid its initial auto-enrolment (AE) contributions by £143,000 as a result of a defective payroll system, a report from The Pensions Regulator (TPR) reveals.

Jonathan Stapleton looks at the impact of the Budget on DC defaults

Natasha Browne explores how the guidance guarantee can cut costs for big firms