defined contribution

The trustee of the Santander UK Group Pension Scheme has hired JLT Employee Benefits (JLT EB) for administration services across its defined contribution (DC) and defined benefit (DB) schemes.

Towers Watson has appointed Jo Kite to the newly-created role of head of pensions and benefits in its Scottish division.

Mercer has appointed partner Alan Baker as UK head of defined benefit (DB) risk, replacing Ali Tayyebi who will concentrate on client work.

The Department for Work and Pensions (DWP) is to consult on extending defined contribution (DC) charge disclosure proposals to defined benefit (DB) schemes.

The rules that allow retirees to take small pots as a lump sum need to be drastically simplified, say Buzz respondents.

An unprecedented period of ultra-low interest rates has harmed both defined benefit (DB) schemes and defined contribution (DC) savers, say Buzz respondents.

Danish pension provider ATP has won a landmark European court case on value-added tax (VAT) for defined contribution (DC) management charges.

Trinity Mirror's pension liabilities rose by £12.5m last year as a result of a fall in the real discount rate from 1.7% to 1.05%, its annual statement showed.

Former Buck Consultants' senior corporate actuary Colin Richardson has joined PTL as a client director within its growing Leeds office.

Former Blackrock managing director Gary Smith has joined Capita Employee Benefits as head of defined contribution (DC) consulting with immediate effect.