Babcock International Group has chosen Friends Provident to administer a single defined contribution pension scheme for employees without access to its existing defined benefit schemes.
Last week, I bemoaned that, while successive governments had regulated defined benefit schemes out of existence, there had never been an investigation into how all this regulation came about and how such mistakes could be avoided in the future.
More than two thirds defined contribution members are reluctant or unprepared to make active investment decisions about their pension, research by AllianceBernstein finds.
Nine out of 10 companies intend to seek professional advice on the impact of pension reform, according to the Personal Accounts Delivery Authority.
Each month DC World asks readers for their views. This month we ask: an independent trustee recently branded DC default investment strategies as a cop out by trustees - do you agree?
The Pensions Institute has warned that the "administrative nightmare" of auto-enrolment into NEST will divert necessary attention from the scheme's investment strategy. Do you agree?
This years' Pensions Advisory Service seminar was, to a certain extent, dominated by the implications of the National Employment Savings Trust (NEST). This was hardly surprising given that NEST's recently appointed chairman, Lawrence Churchill, was in...
Some 51% of scheme managers believe the development of shared risk schemes would have benefited the industry if implemented, a survey by Professional Pensions has revealed (PP, February 4).
The debate over the suitability of target date funds in the UK continues to roll on with the publication of new research in February. (PP, February 15)
The final batch of regulations governing auto-enrolment into qualifying pension schemes from 2012 was short of one rather key component.