Defined Contribution

Each month DC World asks readers for their views. This month we ask: How do you feel the governance of DC schemes can be improved?

Sebastian Cheek reports on a lack of members' financial awareness necessitating good governance for DC schemes

Tom Selby previews the March 25 edition of Professional Pensions.

UK - The £889m (US$1.3bn) Dyfed Pension Fund and the £1bn Wiltshire Pension Fund have appointed Prudential UK as additional voluntary contribution provider.

UNITED ARAB EMIRATES - Infrastructure developer Kharafi National has instituted a new retirement plan for employees that allows them access to a wide variety of global investment options and offers a company match.

Unfunded pension promises made to past and present UK public sector workers now amount to £993bn, Towers Watson calculations reveal.

Defined contribution values are significantly lower than pre-recession levels, despite a 40% recovery in stock markets in the last 12 months, Aon Consulting says.

It is impossible to say how long the 2% charge on National Employment Savings Trust contributions will last for, the Personal Accounts Delivery Authority says.

The Pensions Management Institute has teamed up with Standard Life to form a research partnership looking at defined contribution provision.

The Association of Consulting Actuaries has launched a six-point Retirement Income Manifesto ahead of the general election to address the "alarming decline" in private pension savings.