Defined Contribution

Whitbread has incurred more than £1m in costs to implement auto-enrolment (AE) for its 40,000 employees.

Helen Morrissey asks if the ‘trust good/contract bad’ philosophy is still true

Tom McPhail says saving is only half of the battle

Naomi Rainey asks Whitbread Group, owner of Premier Inn and Costa Coffee, how it achieved its low AE opt-out rate

McDonalds has reported opt out rates of less than 2.5% after auto-enrolment (AE) staging.

Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.

Friends Life has partnered with Key Retirement Solutions to provide open market annuity guidance for all its customers approaching retirement - including those in corporate schemes.

The Pensions Regulator (TPR) has relaxed proposed guidelines on how trustees and providers of auto-enrolment schemes should report missed payments, after concerns were raised by the industry.

Around two thirds of participants said contract scheme providers should be allowed to move members' money out of underperforming funds without consent under some circumstances.

Almost half of participants feel the drive for low charges poses no risk to competition or bar new entrants to the market.