Defined Contribution

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.

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

The latest Viewpoint sees Mercer unveil the findings of its research into the global DC pensions market

GERMANY - Deutsche Bank has set up a pension asset-pooling vehicle in Luxembourg aimed at its employees' pension assets and at other companies' funds.