DC

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.

Almost half this week's contributors backed the use of lifestyling in DC schemes, while just over a quarter said it did not ultimately help savers. Some cautious supporters suggested it was better to say the technique reduced the chances of members getting...

Hannah Brenton says young people's aversion to saving is not down to apathy

Pensions minister Steve Webb has described consultancy charging as "a classic example of how the industry allowed itself to get bad headlines."

The Finning Pension Scheme and the Finning Defined Contribution Pension Scheme have appointed Wragge and Co to provide legal advice.

The Pensions Management Institute has set out its vision for the rest of the decade as the industry moves away from defined benefit, chief executive Vince Linnane says.

Zurich has launched an auto-enrolment default investment fund in conjunction with Schroders after the recent launch of its own defined contribution master trust.

Approaches to defined contribution default funds vary widely across Europe, according to research from the European Insurance and Occupational Pensions Authority (EIOPA).