Defined Contribution

Increased longevity figures, as highlighted in a recent Department for Work and Pensions report, will dramatically increase pensioner poverty, MGM Advantage predicts.

Fidelity has launched a service it says will reduce employers' cost bases for auto-enrolment by limiting the affect on their HR, payroll and technology departments.

The University of Reading has set up a new defined contribution pension scheme with BlackRock ahead of upcoming auto-enrolment obligations.

UK - The Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.

Marks & Spencer is set to replace its current pension scheme with a ‘bundled mastertrust' called Your M&S Pension Savings Plan in preparation for 2012.

Source Pensions has launched an administration and investment fund platform targeting small schemes as they prepare for their auto-enrolment obligations.

Panellists discuss the preparations schemes are making ahead of the introduction of auto-enrolment and whether bundled schemes are unsuitable for this

The BlueSky Pension Scheme has chosen Alliance Bernstein's target date funds offering for its default fund ahead of auto-enrolment duties.

Sebastian Cheek investigates where members' money goes

Asset management firms will push to take control of defined contribution default fund design as the market develops more sophisticated strategies, the Investment Management Association predicts.