defined contribution

BlackRock has launched its first drawdown offering for pension schemes to capitalise on the Budget freedoms introduced earlier this month.

The UK pensions industry will evolve to "nudge" people towards the most appropriate retirement income stream for their needs, according to a report.

Peter Vickers has been appointed regional development manager for the South East by the Pensions Trust.

Fidelity Worldwide Investment has appointed Kim Nash, Rachel Brougham and David Felder to its independent governance committee (IGC) and master trust board.

Legal and General Investment Management (LGIM) Workplace Savings has appointed BESTrustees to its trustee board with effect from 1 April 2015.

Women are projected to see their retirement incomes grow by a third by 2060 as the gender gap continues to narrow, according to figures from the Department for Work and Pensions (DWP).

There is a risk that pensioner poverty will increase after the implementation of freedom and choice from next month, according to a leading think tank.

The industry is sceptical about providing a default retirement option, with two thirds believing members' pots should stay invested until they make a decision, according to PP research.

The retirement freedoms could place increasing demands on employers. Owain Thomas discovers how one organisation is taking a very hands-on approach.

Pension members are at risk of receiving "unscrupulous" advice on defined benefit (DB) to defined contribution (DC) transfers in light of incoming reforms, warn actuaries.