Defined Contribution

The EU consultation on overhauling the Institutions for Occupational Retirement Provision directive could have far-reaching effects on accounting, investment and communication in defined contribution schemes, argues the Investment Management Association....

Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.

Labelling firm Avery Dennison and whisky distiller Glenmorangie have signed up to use Mercer's workplace savings offering - taking its total number of clients to 25.

More than 400,000 scheme members could be missing out on hundreds of pounds in annual contributions by failing to claim tax relief, warns Standard Life.

Consultant Mercer has added another defined contribution heavy hitter to its team with a senior appointment from Towers Watson.

The Pensions Regulator has dismissed claims payroll providers are dragging their feet in the development of suitable systems to cope with auto-enrolment.

The Pensions Management Institute will be switching tack over the course of 2012 in response to the changing nature of the pensions industry.

Trustees of the Michelin UK's Pension and Life Assurance Plan have appointed Hymans Robertson to act as the consultant to its defined contribution section.

Low-cost providers have demanded equal footing with the National Employment Savings Trust in the Department for Work and Pensions' communications.

Payroll and HR system providers have failed to come up with software packages to help clients with auto-enrolment leaving opportunities for providers, BlackRock says.