DC

Investors have become more cautious and longer-term in their thinking in an environment of low interest rates according to research commissioned by Principal Global Investors.

Tanjil Rashid looks at whether the pensions minister’s optimism for retirees is justified

US financial services giant TIAA-CREF has opened a distribution office in the UK for its asset management business.

Standard Life has announced it is closing its defined benefit scheme - currently used by 55% of its employees - to future accrual from April 2016.

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.