Defined Contribution

Short service member refunds should by default be transferred to another scheme facilitated by the ceding scheme, Legal & General says.

Here it is. Our list of what happened on the pensions front in the 2011 Budget.

Providers have largely welcomed the Financial Services Authority's Consultancy Charging Working Group's review, but emphasised the need for the resulting guidance to be non-prescriptive.

People in the West Midlands have the most pessimistic view of pension saving in the country, with more than 60% believing they will be poor in retirement, a survey reveals.

A quarter of blue chip companies now only offer defined contribution pension schemes to their staff, Towers Watson research reveals.

The £8.5bn Aviva Staff Pension Scheme is looking to increase its allocations to real estate related assets to 15% over the next two years as it looks for long-term, liability matching assets.

The Pensions Regulator will publish detailed guidance for large employers and intermediaries on compliance with employer duties in May.

IT firm Kalamazoo Reynolds increased membership of its pension scheme to 84% after revamping its offering to focus on face-to-face support.

The Department for Work and Pensions must avoid the "bear trap" of setting rigid rules to govern default funds, AllianceBernstein warns.

UK defined contribution schemes should stop focusing on outperforming markets and start building "next generation" schemes designed around delivering retirement incomes, a Nobel prizewinning economist says.