Defined Contribution

It is time to reconsider this potential solution to the plethora of fragmented pots, says Sir Steve Webb.

The extension of auto-enrolment (AE) to more workers is supported by around three-quarters of businesses, according to research by Scottish Widows and the Confederation of Business Industry (CBI).

HM Revenue and Customs (HMRC) does not know how many people it has fined for breaching pension tax allowance rules, a Freedom of Information request has revealed.

Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.

Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.

FTSE 100 employer contributions to defined contribution (DC) schemes have increased from an average of 6.4% in 2018 to 7.1% this year, according to Willis Towers Watson.

NEST is now managing £5.7bn on behalf of its members, more than double the £2.7bn it was managing at the same time the previous year.

The £11bn Co-operative Group Pension Scheme (Pace) has chosen LGIM's future world multi-asset fund as its defined contribution (DC) default, switching £290m of member assets into the strategy.

The Mercer Master Trust has become the 11th to receive authorisation from The Pensions Regulator (TPR), following its application submission in February.

With record numbers saving for retirement, Guy Opperman says we have an opportunity to make it easier for people to engage with their pensions