Defined Contribution

Sesame Bankhall will launch a restricted advice service for at-retirement customers with small pension pots.

The pension pot needed to satisfy the minimum income requirement could need to be as much as £300,000 in order to stop people falling back on state benefits, Towers Watson says.

UK - A consultation on proposed changes to the Universities Superannuation Scheme is expected to start in late September, following the scheme committee's decision to accept a range of reforms.

The decline in retiree's pension pots and increasing life expectancy supports the need for an increase in the retirement age, Aon Consulting says.

GLOBAL - Pension funds and other institutional investors could plough more than $200bn into worldwide property markets over the next five years, Invesco Real Estate has predicted.

Alliance Boots employees will be given extra time to reapply for a new defined contribution pension scheme after the firm refused to allow members to "reserve rights" as part of the joining process.

The European Commission has launched a Green Paper reopening the issue of solvency standards in pension schemes.

The UK should look at the Chilean retirement system's multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas says.

Saga was the only top five annuity provider not to cut rates following George Osborne's emergency Budget on June 22, Alexander Forbes Annuity Bureau says.

Friends Provident has unveiled a corporate investment platform guide for trustees and employee benefit consultants.