Defined Contribution

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.

The University of St Andrews has appointed NOW Pensions as its auto-enrolment (AE) provider.

The Financial Conduct Authority (FCA) will push ahead with its annuity market probe, and investigate if providers' profit margins are ‘high', despite industry murmurings self-regulation goes far enough.

Fewer than one in four major employers say their scheme has a specific ‘decumulation strategy' in place to help retirees get the best annuity, research finds.

Jelf Employee Benefits is extending its annuity offering with the launch of its standalone broking service.

More than half this week's respondents believe the eventual opt out rate for auto-enrolment will be between 10% and 20%.

Standard Life and LEBC haven launched an auto-enrolment (AE) offering for small and medium-sized (SME) employers.