Defined Contribution

Employers who have reached their staging date or are preparing to go live in the coming months may be hit by the proposed simplification of auto-enrolment rules, industry figures have warned.

Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.

Communication teams working on auto-enrolment must learn from the marketing industry, the PP Pensions & Benefits Communication Forum was told.

The National Employment Savings Trust has backed calls to remove legal restrictions blocking it from taking transfers in and limiting contributions.

Most small companies do not believe fewer, larger pension schemes will result in better value for money for savers, says the Association of Consulting Actuaries.

Insurance companies such as Standard Life and Resolution could lose out from a Financial Services Authority probe into the £11bn annuities market, analysts say.

Details of the thematic review of the £11bn annuity market have been revealed by the Financial Services Authority.

The annuity market will come under investigation by the Financial Services Authority later today when a major review is announced.

Respondents reserve judgement on the Office of Fair Trading's intervention in the DC value debate, but many believe it will have a negative effect or none at all.

State Street Global Advisors has unveiled fresh details of its drive to increase its share of the UK defined contribution market, including a move towards direct transactions with employers and trustees.