Defined Contribution

UK - The Department for Work and Pensions' proposal to abolish transfers of contracted out rights from DB schemes could see the end of the enhanced transfer value market, industry experts say.

Each month DC World asks readers for their views. This month we ask: Are corporate wrap platforms the solution to successfully encourage employees to engage with their savings?

The Society of Pension Consultants has launched a whitepaper to assist sponsors in the design of defined contribution schemes.

UK - Abolishing contracting out for final salary schemes could eventually lead to a higher universal state pension, an analyst says.

Defined contribution scheme members are overly optimistic about reaching their retirement targets, Towers Watson research shows.

News that the Norwegian Government Pension Fund Global lost €1.1bn on its 1.75% stake in BP has highlighted the potential impact faced by UK schemes, FairPensions says.

The Department for Work and Pensions' plans to abolish transfers between contracted-out defined benefit and defined contribution schemes could lead to a "firesale" of final salary liabilities, a consultant warns.

UK - The Department for Work and Pensions' plans to abolish transfers between contracted-out defined benefit and defined contribution schemes could lead to a "firesale" of final salary liabilities, a consultant warns.

The Investment Governance Group plans to have its principles on defined contribution governance agreed by October, its DC subgroup chairman says.

Standard Life has seen net corporate business inflows increase by 64% in the first half of the year.