Defined Contribution

The government should encourage people to save more into pensions after life stages such as when children leave home and after mortgages and student loans are paid off, the Institute for Fiscal Studies (IFS) says.

Millions of workers are set to face “life changing retirement shortfalls” as lower growth forecasts could wipe a third off pot values, according to Lane Clark & Peacock (LCP).

Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.

The Pensions Administration Standards Association (PASA) has launched a defined contribution (DC) transfer working group.

Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.

Charlotte Moore looks at how those born between 1965 and 1980 are likely to feel the pinch at retirement.

The value destruction of a savers’ pension at the point of retirement is “huge” and personalised guidance is vital to prevent members knocking out years of savings, according to industry experts.

Kim Crabtree looks at the important role of active management in defined contribution schemes

Professional Pensions is holding the second part of its defined contribution (DC) conference next Tuesday (27 April) between 9:30am and 11:45am.

Companies that do not provide appropriately for their employees’ retirement are “storing up a potential staffing crisis”, according to Burness Paull.