Defined Contribution

Xafinity has been bought by Advent International from Duke Street for an undisclosed sum.

The Pensions Advisory Service is in danger of being "dumped or carved up" as a result of government funding problems, Richard Stroud warns.

People retiring at 65 will need to live a minimum of 17 years to get back the money have saved in their pension fund due to today's low annuity rates, Rockingham Retirement says.

Retirement savers should consider taking their tax-free lump sum now to avoid possible new tax charges after the general election, BDO Investment Management says.

More than 40% of people aged 55 or above intend to opt-out of auto-enrolment after its introduction in 2012, B&CE research shows.

Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation.

Member fees will increase if investment guarantees are introduced into workplace defined contribution schemes, MetLife Europe warns

AllianceBernstein has launched a default investment strategy for defined contribution schemes.

Asset managers are staying in the "comfort zone of defined benefit" and are failing to seek business opportunities in defined contribution schemes, Spence Johnson says.

UK - The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warned.