Defined Contribution

UK - The Pensions Regulator should speak out against the "rubbish" 8% minimum auto-enrolment contribution, a consultant says.

The Confederation of British Industry has called for a shift to a ‘notional defined contribution' model - effectively pay-as-you-go DC - to tackle the £1trn unfunded public sector pensions deficit.

The department for work and pensions has published a note for employers detailing the risk sharing options available under current legislation.

Friends Provident is launching a new corporate investment platform aimed at employee benefit consultants and trustees in the unbundled pensions market.

Courtaulds has been awarded the National Association of Pension Funds' pension quality mark for its defined contribution group personal pension scheme.

One-third of defined contribution schemes changed their investment strategies in the past year, Towers Watson's annual FTSE 100 DC survey reveals.

A quarter of employers say their employees are cutting or suspending pension contributions because of the financial downturn, latest research from Punter Southall reveals.

The National Association of Pension Funds has called on the occupational pensions industry to establish super trusts which it says would add 30% to members' pension pots.

The scheme order and rules for NEST have been laid before parliament by the secretary of state for work and pensions.

The National Employment Savings Trusts' 2% contribution charge will be levied for 20 years, the pensions minister says.