defined contribution

Pensions minister Steve Webb says the upcoming consultation on defined ambition will not set out prescriptive single-model options for enhanced defined benefit (DB) and defined contribution (DC) provision.

JP Morgan’s Simon Chinnery argues a charge cap will damage savers

Taha Lokhandwala speaks to the NAPF’s new DB and DC councils as the lobby group changes its internal structure

Large employers have criticised the government, pensions industry and payroll providers for the level of support available in setting up auto-enrolment (AE).

The government has set out a range of proposals to limit charges in schemes used for auto-enrolment (AE) to either 0.75% or 1%.

Some 50% of people surveyed by asset manager BlackRock say they are unwilling to take any risks with their money, leading to high allocations in cash.

Buzz respondents were sceptical as to whether bigger schemes necessarily benefited from their size.

More than three quarters of Buzz respondents fear that auto-enrolling people into schemes with an 8% contribution rate will give them a false sense of security.

The majority of contributors backed annuities to retain their relevance in two decades time.

Denmark, the Netherlands and Australia have much to teach us, says Natasha Browne