DC

Rachel Dalton explores the latest TPR updates on DC, employer growth and fraud

The industry must do more to support employees making retirement income decisions says The Pension Regulator's chairman Michael O'Higgins.

The Pensions Regulator (TPR) will "shorten and sharpen" its defined contribution (DC) code of conduct and principles following industry complaints it is too complex.

Data from The Pensions Regulator (TPR) shows 97% of surveyed DC schemes provide support to members wishing to exercise their open market option (OMO).

Around two thirds of participants said contract scheme providers should be allowed to move members' money out of underperforming funds without consent under some circumstances.

The twentieth PMI president tells Taha Lokhandwala how the institute will expand in the post-DB era

Nearly half of defined contribution (DC) schemes have not reviewed their statement of investment principles (SIP) in the last three years - a potential breach of their legal duties.

The Department for Work and Pensions (DWP) will call for evidence on quality standards across all defined contribution schemes later this year.

Consultant Aon Hewitt has responded to the Department for Work and Pensions' (DWP) consultation on auto-enrolment (AE) simplification with its top five improvements.

Buzz contributors were not wholly convinced that defined contribution members in the UK would benefit from moving to large scale collective saving.