Defined Contribution

AEA Technology has suspended contributions to its defined benefit scheme as it seeks an emergency restructuring after being "overwhelmed" by its growing pension liability.

Confidence in defined contribution pensions has fallen so low that the majority of workers would choose an inferior financial reward over a 10% boost to their employer contribution, says Hymans Robertson.

Dalriada Trustees has launched a High Court action against three investment companies and two former trustees in a bid to recover £18m of assets invested in two alleged pension liberation schemes.

ISS UK has appointed Now:Pensions to provide an auto-enrolment scheme for its workforce from its staging date of January 2013.

The Royal Bank of Scotland has become the first UK company to auto-enrol its workforce under the government's requirements, with 40% of newly enrolled members choosing to opt out.

Jack Jones reflects on calls to merge TPR and the FSA

Less than half of all full-time workers are now saving into a workplace pension, according to the Office for National Statistics.

Listen to our latest Pensions Conjecture debate on Auto-enrolment.

The government must set mandatory requirements for defined contribution schemes says Hymans Robertson, after research revealed default funds were delivering poor value for members.

The government has been urged to consider merging The Pensions Regulator and Financial Services Authority after a National Audit Office report condemned the current system of DC regulation.