DC

June Mulroy on the watchdog's DC strategy

The Pensions Regulator believes it would be "very odd" for it to impose regulation on very small, member-directed DC schemes but said it still expects them to have good governance.

BlackRock has hired the National Employment Savings Trust's Paul Gilbody as head of DC consultant relations in an effort to increase its footprint in the UK DC market.

Introducing the collective defined contribution model in the UK could increase typical members' pensions by up to 45% according to actuarial consultant Hamish Wilson.

Large-scale, collective private sector schemes should be set up in competition to NEST - allowing companies to offer DC without running their own scheme, the incoming chairman of the National Association of Pension Funds says.

Mark Hyde Harrison, the chairman-elect of the National Association of Pension Funds, believes there is an issue of scale within the pensions industry and thinks we need to develop vehicles to ensure suitable scale and make sure member benefits are secured...

There is an "overwhelming consensus" among the industry that costs in defined contribution schemes should be clear, simple and comparable, The Pensions Regulator says.