defined contribution

Struggling sponsoring employers of defined benefit (DB) schemes should not be allowed to suspend annual pension increases according to PP research.

As US savers fight their pension schemes over high costs and charges, there is concern British trustees could see similar action. James Phillips reports

The Pensions Regulator (TPR) has issued PTL with the maximum fine after it failed to prepare annual governance statements for three schemes.

Nestlé has agreed a deal with trade unions to secure its £3.8bn career average defined benefit (DB) scheme after the company had tried to close it down.

The telephone is the least popular way to communicate with a prospective client, according to PP research.

Sarah Steel has been appointed senior new business consultant at Hymans Robertson, after leaving Aon Hewitt.

Amec Foster Wheeler has merged its two main defined benefit (DB) schemes into a defined contribution (DC) arrangement after closing the biggest fund to future accrual.

More than 200,000 companies have completed their workplace pension automatic enrolment (AE) duties according the Pensions Regulator (TPR).

The former chairwoman of the Pension Protection Fund (PPF) has called for the removal of the choice for employees to opt out of auto-enrolment (AE).

Lack of consistency across defined contribution (DC) default funds may result in larger numbers of members opting out, Punter Southall Aspire has warned.