DC

Experts have welcomed figures from the Association of British Insurers (ABI) showing people are making informed decisions about their retirement incomes.

Total payouts in the first year of pension freedom reached £8.2bn, according to data from the Association of British Insurers (ABI).

This week's biggest stories included Lloyds' trade union taking legal action over GMP equalisation, a same sex partner benefits appeal case, and asset managers arguing hidden fees are the 'Loch Ness Monster of investments'.

Sarah Steel has been appointed senior new business consultant at Hymans Robertson, after leaving Aon Hewitt.

Amec Foster Wheeler has merged its two main defined benefit (DB) schemes into a defined contribution (DC) arrangement after closing the biggest fund to future accrual.

More than 200,000 companies have completed their workplace pension automatic enrolment (AE) duties according the Pensions Regulator (TPR).

The former chairwoman of the Pension Protection Fund (PPF) has called for the removal of the choice for employees to opt out of auto-enrolment (AE).

The review of automatic enrolment (AE) in 2017 is an opportunity to think more strategically about pensions says Tim Sharp.

Legal and General Investment Management (LGIM) has taken a minority stake in a digital platform to boost its auto-enrolment (AE) offering for micro employers.

Lack of consistency across defined contribution (DC) default funds may result in larger numbers of members opting out, Punter Southall Aspire has warned.