Defined Contribution

The National Association of Pension Funds has scaled back plans to introduce a ‘pounds and pence' charges code.

Helen Morrissey examines the pressure on the government to tackle drawdown

Rachel Dalton on why we need apps for better pension engagement

The Department for Work and Pensions has threatened to remove schemes from auto-enrolment if it deems their charges too high or obtuse.

The Department for Work and Pensions has set out its proposals for the design of pensions minister Steve Webb's flagship defined ambition system.

Money being channelled through an insurer's platform into external funds under auto-enrolment could put members' pensions at risk if the fund provider went bust.

A high take-up of auto-enrolment could make the policy a "victim of its own success", a think tank says.

Auto-enrolment will increase the proportion of workers in occupational schemes from one in two to four in five according to research from the Chartered Institute of Personnel and Development.

Six in ten workers will either opt out of auto-enrolment (26%) or will not save more than 5% of their salary in a workplace pension (35%), Friends Life says.

Towers Watson has made two senior appointments to its defined contribution consulting team in the north of England and Scotland.