Defined Contribution

A money-back guarantee for defined contribution members would encourage people to save more, according to a paper being finalised by an Actuarial Profession working group.

Severn Trent has established a new defined contribution scheme which will replace the current DC and defined benefit plans by 2015.

FTSE100 company defined contribution schemes' use of default options has increased from 82% to 92% over the past year but a fifth of defaults do not meet government standards, a consultant says.

New Zealand has delayed plans to automatically enrol all remaining workers into the national KiwiSaver scheme.

Schroders and Axa Investment Management are looking to launch liability-driven investment products for the defined contribution market, PP can reveal.

Almost nine out of ten defined contribution members cannot name the funds their contributions are invested in, according to research from Standard Life.

Fidelity has extended its electronic DC dealing service to large in-house administered schemes.

Just 4% of employers plan to use the National Employment Savings Trust in conjunction with another scheme as their auto-enrolment strategy, Xafinity research claims.

Hymans Robertson has unveiled an auto-enrolment consultancy service aimed at mid-sized businesses.

A fifth of large employers plan to use the National Employment Savings Trust to complement existing schemes, research reveals.