Defined Contribution

Auto-enrolment (AE) has now brought 10 million workers into occupational pensions since its introduction in 2012, latest government figures reveal.

Standard Life has submitted authorisation applications for both of its master trusts to The Pensions Regulator (TPR), with just over seven weeks to go until the deadline.

Just eight master trusts have so far applied to The Pensions Regulator (TPR) for authorisation with just two months left until the deadline.

Products which allow the public to save into both a pension and a liquid pot are an opportunity that all employers should be embracing, Guy Opperman has said.

The Department for Work and Pensions (DWP) has published a consultation, putting forward a range of proposals that aim to expand defined contribution (DC) investment opportunities.

More than one million people aged over 55 are now subject to harsher pension contribution limits as a result of using the pension freedom rules, Just Group research has found.

Now Pensions has overhauled its administration system after historic issues caused a failure in collecting and investing around 265,000 members' contributions.

The Pensions Regulator (TPR) has published its annual defined contribution (DC) trust report - revealing a 7.8% drop in the number of occupational schemes with 12 or more DC members but a 32% rise in the membership of the very biggest plans.

HM Revenue and Customs (HMRC) has taken over £400m too much in tax from savers accessing their pensions since the introduction of Freedom and Choice in 2015.

PP editor Jonathan Stapleton speaks to NEST director of customer engagement Mark Rowlands about how his scheme is engaging members.