DC

The government is looking into exit fees levied on people cashing in their defined contribution (DC) pots, but has as yet no plans to intervene, says Steve Webb.

Trustees have been warned of a lack of regulation surrounding new rules to allow pension members to access their defined contribution (DC) pots directly.

Barnett Waddingham has bought Harsant Services for an undisclosed sum, taking on the administration of five occupational pension schemes.

Executives at the UK's largest companies are increasingly opting to receive cash payments instead of pensions, research shows.

Retirement advisory firms expect profits to rise as a result of new pension rules due to be implemented next April, and are already to looking to expand, research finds.

Almost three quarters of respondents to a Professional Pensions poll said the industry was not doing enough to ensure members of legacy defined contribution (DC) schemes got value for money.

JPMorgan Asset Management (JPMAM) will rely on its existing fund range to meet demand for post-Budget retirement income offerings for defined contribution (DC).

Scottish Widows has unveiled its charging approach following Department for Work and Pensions (DWP) charges legislation.

A shift towards collective defined contribution (CDC) schemes is "unlikely" as the trend towards defined contribution (DC) plans continues, LCP says.

Trustee boards are devoting insufficient time to administration issues despite identifying maladministration as the biggest risk they faced, according to research from Baker Tilly.