Defined Contribution

Henry Tapper has faith in small employers to consider their AE options

As many as 30% of trustees say their schemes are unlikely to meet the needs of the majority of their members in retirement, according the Association of Member Nominated Trustees (AMNT).

The National Association of Pension Funds (NAPF) has called for industry views on including standards for default investment funds in the criteria for awarding its Pension Quality Mark (PQM).

Buzz respondents are intensely relaxed about the fact almost all the National Employment Savings Trust's (NEST) customers have ended up in its default fund. Seven out of ten contributors said they were not concerned about this.

Standard Life has added 135,000 employees to its corporate schemes, bringing total membership to 1.3 million.

State Street Global Advisors (SSGA) and JP Morgan Asset Management (JPMAM) have confirmed their intention to enter the UK target date fund (TDF) market.

Opt-out rates averaged around 9% in the first six months of auto-enrolment (AE), the Department for Work and Pensions (DWP) has confirmed.

Natasha Browne asks whether TPR should define its aims

Fidelity has appointed Pitmans Trustees (PTL) to act as professional trustee of its newly created master trust.

The Association of British Insurers' (ABI) opposition to defined ambition (DA) is "unfortunate" and "premature", Hogan Lovells head of pensions Jane Samsworth has said.