DC

Defined contribution (DC) schemes at some of the UK's biggest companies are speeding up diversification of their default funds, according to a report by Schroders.

Gill Barr and Mervyn Walker have been made trustees of Towers Watson's UK defined contribution (DC) master trust, LifeSight.

The industry should be ready for another pensions act in 2016 which will clarify European regulations for UK schemes, says Dalriada Trustees director Adrian Kennett.

Equiniti has appointed Duncan Watson as managing director of data solutions and Paul Sturgess as director of pension administration and strategy.

Companies should help employees calculate how much money they should take out in drawdown so their pot can last longer according to Adrian Boulding.

The advantages of defined benefit (DB) pensions appear lost on some final salary savers who are frustrated by a government rule mandating they seek regulated advice before transferring out, research suggests.

The majority in the industry back the action taken by trustees and insurers to block transfers to schemes they suspect may be fraudulent.

While the industry focuses on the Budget freedoms Rosalind Connor urges trustees to look more closely at DB-DC transfers

The role of master trusts has been questionned recently but John Reeve gives reasons why they should be considered.

Henry Tapper says the new minister will know where the bodies are buried