Members of workplace pension schemes run by Friends Life increased by 4% between 2010 and 2011, the insurer said.
The average defined contribution member has lost £2,750 a year from their income in retirement over the last year, research finds.
John Walbaum of Hymans Robertson proposes a fairer alternative to the universal pension.
The Pensions Regulator is set to launch an investigation into administration switching after scheme concerns over cost and data transfer issues.
Listen to our latest Pensions Conjecture debate on DC Investment.
Tomorrow's defined contribution members need better reports to move from a focus on their accumulated pension wealth to emphasise their post-retirement income, delegates heard.
Liberal Democrats, including pensions minister Steve Webb, have backed a wide-ranging pensions reform package put forward by experienced member-nominated trustee Janice Turner at its Spring Conference.
Liberal Democrats in government must act more urgently to radically reform public and private occupational pensions, delegates at the party's Spring Conference will hear.
Pension schemes' accrued liabilities could have different rules from more stringent Solvency II-style capital requirements, a leading EU policy maker has hinted.