More than 80% of scheme managers agree the cost transparency of defined contribution schemes needs to be improved to make them more simple, clear and comparable for members.
NETHERLANDS - Members of the Dutch union FNV Bondgenoten have voted against government pension proposals which they claim would shift risk from the employer entirely to the employee, claiming they would lead to a "casino retirement".
The corporate defined contribution market in Europe is set to grow by 11.5% per year to 2014, research by Cerulli predicts.
EUROPE - The corporate defined contribution (DC) market in Europe is set to grow by 11.5% per year to 2014, research by Cerulli predicts.
eShare has joined forces with consultant LCP to help deliver and implement its pensions governance software.
Many defined contribution pension pots are this week worth no more than the cash contributions paid into them over the last five years, PwC analysis finds.
Emma Watkins of MetLife Assurance Limited explains what auto-enrolment means for employers, and how they need to prepare to ensure they and their staff are ready.
Lord McFall has called for an industry code of practice to establish a normal 0.5% for defined contribution management fees.
Xafinity has binned its in-house trustee firm HR Trustees and appointed Bridge Trustees for its master trust after The Pensions Regulator highlighted industry-wide conflict of interest concerns.
Pensioners in capped drawdown face significant drops in retirement income because of falling gilt yields affecting the amount that can be drawn from a fund, Rowanmoor Pensions claims.