Defined Contribution

As target date funds emerge as the likely choice for NEST's deafult fund, Sebastian Cheek looks at what the industry must do to prepare and considers what lessons can be learnt from the US DC market

The Treasury's announcement that it borrowed a further £4.3bn last month was unexpected to say the least.

GLOBAL - Despite closure after closure of defined benefit pension funds around the world, some investment managers think hybrid versions of these schemes will continue to emerge.

Future retirees saw £17bn slashed from their defined contribution pension pot in January and February as stock market losses and tumbling annuity rates hit.

I now have only a little over one day left to choose my benefits under our company's salary exchange-based flexible benefits package.

As coming of ages go, defined contribution has had one of the longest ever. The retirement vehicle has had, to say the least, a protracted and troubled adolescence as trustees and employers have largely focused on the risk posed by legacy defined benefit...

Most schemes are unsure if target date funds are suitable for the UK pensions market, research by Clear Path Analysis shows.

UK - Most schemes are unsure if target date funds are suitable for the UK pensions market, research by Clear Path Analysis showed.

IRELAND - Four out of five defined benefit (DB) schemes are in deficit despite good investment returns last year, the 2009 Annual Review by Ireland's Pensions Board revealed.

The Investment Governance Group is seeking industry feedback on steps to improve governance in defined contribution pension schemes.