Defined Contribution

Helen Morrissey thinks its time for action on the retirement market

Helen Morrissey rounds up reaction to the Financial Conduct Authority’s annuity market investigation

ShareAction’s Catherine Howarth says auto-enrolment calls for tight governance standards

The independent project board (IPB) leading the Office of Fair Trading (OFT) review into legacy defined contribution (DC) schemes may struggle to tackle outdated arrangements, industry figures warn.

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.