Defined Contribution

Standard Life has increased the number of members of its schemes to 1.16m over Q1, up from 1.09m in the first quarter of 2011.

AllianceBernstein has designed a capped drawdown product it says will give pensioners "breathing space" before they buy an annuity.

A leading independent trustee has warned the structure of current defined contribution schemes will lead to social unrest.

Employers can increase the value of their employees' pension pots by up to 40% purely through better governance, without upping their contributions, JLT Benefit Solutions research has claimed.

Fidelity has launched a range of default lifestyle funds that combine active asset allocation with passive investment instruments.

FirstGroup has changed the accrual rates of its career average scheme and will introduce a defined contribution scheme for auto-enrolment.

Members of workplace pension schemes run by Friends Life increased by 4% between 2010 and 2011, the insurer said.

Nearly three-tenths (27%) of UK adults with a private pension have stopped making contributions since the credit crisis hit in 2008, Schroders research reveals.

The National Employment Savings Trust has warned that any scheme given an obligation to act as a small pot aggregator should not pass the costs on to existing members.

Getting HR and payroll systems ready for compliance with auto-enrolment requirements is the biggest pensions challenge facing employers, Mercer research reveals.