DC

Jack Jones looks at the pros and cons of smaller schemes

The Pensions Regulator has launched a consultation on its proposed new regulatory approach to workplace defined contribution schemes ahead of full-scale auto-enrolment.

The Pensions Regulator has urged trustees and employers to move away from small schemes in its proposed new regulatory approach to trust-based defined contribution schemes.

The Pensions Regulator has published its final list of quality features for trust-based defined contribution schemes for consultation.

The Pensions Regulator has proposed to develop a regulatory framework which recognises the "inherent complexities" within the master trust sector.

Asda, one of the first employers to undertake auto-enrolment, has successfully implemented its AE payroll module.

The proportion of defined contribution schemes which plan to reduce employer contribution levels as a response to auto-enrolment has increased over 2012, according to Aon Hewitt.

The Pensions Regulator has scheduled a consultation on regulating trust-based defined contribution schemes for this month.

The Department for Work and Pensions is to close a loophole in auto-enrolment legislation which would have allowed employers using the defined contribution sections of hybrid schemes to defer enrolling until 2017.

Ladbrokes has selected Legal and General to provide its auto-enrolment scheme.