Defined Contribution

AUSTRALIA - Australian superannuation provider AMP will increase the pension contributions it pays for its employees to 12% from the mandatory 9% by 2014.

The UK's combined defined contribution pension value has dropped by £18bn in one month, according to Aon Consulting.

Each month DC World asks readers for their views. This month we ask: should DC schemes focus on asset allocation rather than searching for skilled active managers?

Deciding to enter an occupational pension scheme is a big issue and many people feel that once they've started paying contributions then their retirement planning is done.

Panellists discuss how best to tackle the automatic increase of members' contributions

Professional Pensions senior correspondent Giovanni Legorano interviewed BT Pension Scheme pension director Kevin O'Boyle at the National Association of Pension Funds conference last month

US - The New York Times Co. will freeze its defined benefit plan for non-union employees and management at year-end in a move that will save the company over US$130m, the firm said in a Securities and Exchange Commission filing yesterday.

It would be a "huge wasted opportunity" should the crumbling political consensus lead to the abandonment of the 2012 pension reforms, the EEF says.

EEF head of employment policy David Yeandle talks to Jenna Towler about the rocky road of political consensus and how important it is for pension reforms to stay the course

SPAIN - Assets under management of pension funds falling under the individual system category decreased 0.63% during the month of October, data from research company VDOS Stochastics revealed.