UK - The Nestlé UK Pension Fund is changing its defined benefit scheme from a final salary to career average.
The expected charging structure for the National Employment Savings Trust has been announced by the government.
UK - The expected charging structure for the National Employment Savings Trust (NEST) has been announced by the UK government.
An increasing move towards income drawdown could reduce the number of bonds needed in the future by half, AllianceBernstein says.
CB Richard Ellis Investors has launched a UK direct property fund for defined contribution pension investors.
US - BlackRock's head of US defined contribution business Kristi Mitchem will leave the firm to pursue other opportunities.
Most employees still see a pension as the best way to save for retirement but only a third are confident it will provide an adequate retirement, latest research from the National Association of Pension Funds reveals.
Sales of enhanced annuities in the UK increased by 24% last year, latest Towers Watson research reveals.
Trade unions could increase their members' pensions by more than half by backing collective defined contribution arrangements, a leading fund manager says.
The ruling in the long-running Imperial Décor case has left the government in breach of European law obligations, Eversheds says.