defined contribution

Defined benefit (DB) trustees should consider increasing the transfer values they offer to members in light of the upcoming liberalisation of defined contribution (DC) regulation, according to Mercer.

So as expected the Treasury's response to the Budget consultation will allow transfers from private sector DB schemes to DC.

Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.

More than half of savers will spend less than a quarter of their pension in the first five years of retirement - dispelling concerns that flexibility will fuel irresponsible spending - research has found.

State Street Global Advisors (SSgA) has increased the size of its defined contribution (DC) pensions team.

Increasing numbers of employers are considering Pension Increase Exchange exercises (PIES) as the Code of Practice for Incentive Exercises has gained acceptance, say consultants.

Stewardship is almost as important to pension scheme members as cost, according to research from the National Association of Pension Funds (NAPF).

Buck Consultants has raised concern over conflicts of interest at fiduciary managers after research found three in ten mandates (29%) were awarded to existing advisers without a competitive tendering exercise.

The charge cap on defined contribution (DC) default funds risks incentivising short-term trading, the Law Commission has warned.

Heineken UK’s new head of pensions Neil Parfrey talks to Natasha Browne about meeting the challenges thrown down by the Chancellor