DC

The number of defined benefit (DB) industry professionals has declined by just 4% over the past five years according to the Pensions Management Institute (PMI).

Redington has hired Jinesh Patel as vice president of its defined contribution (DC) and financial wellbeing consulting practice.

The Pensions Regulator (TPR) has launched for consultation a series of guides to help trustees implement its revised defined contribution (DC) code.

Almost one in four workers expect to work past the age of 65 because of seven years of low interest rates according to Canada Life research.

Helen Ball looks at the key issues for trustees of defined contribution schemes.

Aegon is reducing or simplifying charges for over 600,000 contributing members of workplace schemes, according to its independent governance committee (IGC).

Defined benefit members are taking advantage of the flexibilities through a number of ways according to research.

Almost one in five members transferred out of their defined benefit (DB) scheme to use their freedoms after receiving advice according to Willis Towers Watson.

Early exit charges for members wanting to access their pot at age 55 will be capped at 5% according to Standard Life.

The Merchant Navy Officers Pension Fund has raised its funding level by 10% since 2012.