An Organisation for Economic Co-operation and Development (OECD) working paper, published this month, has found defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of...
A group of consumers has warned the department for work and pensions a "too broad" review of the 2012 reforms would compromise the "hard-won consensus" on auto-enrolment.
George Osborne should increase the compulsory annuitisation age to 80 in Tuesday's emergency Budget, Living Time says.
US - The Securities and Exchange Commission has proposed new rules around the marketing and advertising of target date funds meant to prevent investors from being ‘misled' when deciding to invest.
Legacy Labour proposals for auto-enrolment and NEST will be stripped bare to determine potential cost savings, Lord Freud says.
The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.
Defined contribution scheme members have seen annual pension income plummet by more than £1000 a year as a result of stock market falls since the beginning of May, Aon Consulting research reveals.
CANADA - Canadian finance minister James Flaherty called for local finance ministers to support his plans to give tax incentives and modify pension standards to boost the defined contribution market, and to bring changes to the Canada Pension Plan.
BRAZIL - Lane Clark & Peacock has expanded its international network by partnering with Brazilian consultancy Rodarte Nogueira.
Defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of market shocks, a global body warns.