Defined Contribution

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.

Standard Life and Punter Southall Defined Contribution Consulting (PSDCC) have signed a strategic auto-enrolment (AE) deal for small to medium enterprises (SMEs).

In The Pensions Regulator's latest scheme governance survey, questions were posed to defined contribution schemes about how many investment funds they offer members.

Nearly half of defined contribution (DC) schemes have not reviewed their statement of investment principles (SIP) in the last three years - a potential breach of their legal duties.

Consumers' knowledge of annuity options is good but there is "plenty of room for improvement" following the launch of the Association of British Insurers' (ABI) annuity code, the organisation says.

The National Employment Savings Trust (NEST) has more than doubled its membership figures within the last month, according to its latest figures.

The majority of this week's respondents supported the idea of capping default fund charges for default funds in schemes used as auto-enrolment vehicles.

Hannah Brenton talks to Andrew Warwick-Thompson about shoddy clocks, DC regulation and intervention

American financial services giant TIAA-CREF has scrapped its plans to enter the UK pensions market as the industry is too focused on low charges, PP has learnt.