Defined Contribution

Jonathan Stapleton spoke to UK's Daily Mail and General Trust (DMGT) pensions communication and policy manager Teresa Berkengoff about its pension quality mark, member communication and an innovative financial awareness programme it is launching for employees...

Most UK companies will continue to run final salary schemes in the short-term despite crippling liabilities, research from the Confederation of British Industry and Watson Wyatt reveals.

US - A bill introduced into the US Senate yesterday will require 401(k) providers to inform participants of the monthly income they can expect in retirement.

Towers Perrin and Watson Wyatt have been granted conditional clearance to proceed with their merger to form Towers Watson.

The Labour party's proposal to phase in employers' contributions to personal accounts until 2016 "undermines" the whole project, the Conservatives say.

Just over 7% of GP panel members surveyed this month have had to ask employees to contribute to their pension funds for the first time.

UK - Nearly two-thirds of pension managers believe personal accounts will not go ahead in their current form.

The Financial Services Authority has urged advisers to think "very carefully" before using accelerated pension drawdown schemes.

PensionDCisions has teamed up with Professional Pensions to launch its 2010 Sponsor Default Survey.

The government and pensions minister Angela Eagle are adamant personal accounts will go ahead in their current form.