Defined Contribution

US - Account-based retirement plans for new salaried employees are increasingly replacing defined benefit plans at large US companies, a study by Towers Watson revealed.

In the first of two features detailing the first meeting of our DC World Steering Club, Helen Morrissey asks how investment strategies are evolving

Sebastian Cheek discovers an industry in favour of scrapping compulsory annuitisation at 75 but one that says the new coalition must do more to address the wider tax framework around retirement savings

The Nationwide Building Society has revealed a net £508m IAS19 pension deficit, a £177m increase over the year.

Defined contribution schemes across the world are more robust following the financial crisis but need further refining to best meet members' needs, Towers Watson says.

GLOBAL - Defined contribution schemes across the world are more robust following the financial crisis but need further refining to best meet members' needs, Towers Watson said.

The coalition government has confirmed auto-enrolment into workplace pension schemes will go ahead.

Socially Responsible Investment is fast becoming a "hygiene factor" for members of defined contribution schemes, a fund manager says.

MEXICO CITY - Assets under management of Mexican mandatory pension funds grew 23% to MXN1.24trn (US$97.8bn) at the end of April from a year earlier, data by regulator Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) showed.

Capita Hartshead Actuarial and Consultancy Services and Partnership have linked up to provide an enhanced annuity service.