Defined Contribution

GLOBAL - Defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of market shocks, the global body warned.

DC schemes are clearing not working in their current guise and employers will move towards different types of tax wrappers, Standard Life says.

UK - The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School said.

The potential clean up costs of the BP oil spill disaster could threaten its ability to pay dividends leaving pension scheme investors facing continued uncertainty, Schroders says.

Annuity industry views are polarized over important issues such as scrapping the age 75 requirement and the impact of Solvency II, Xafinity research reveals.

There are now less than 30 months to the advent of automatic enrolment.

The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb says.

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