defined contribution

Defined contribution schemes have serious defects which must be tackled by employers, government and the pensions industry to help address the nation's ageing population, an influential House of Lords committee warns.

Prudential's 2012 corporate pension sales have remained at a fifth lower than 2011's level as the business remains focused on increasing revenue from existing clients instead of acquiring new business, its final results show.

Aviva has scrapped plans to add a group ISA and group SIPP to its employee benefits platform, Work:Life.

Over a third of European defined benefit schemes feel they do not have access to portfolio data which helps them fulfil regulatory requirements, research from State Street reveals.

The Pensions Regulator has named Andrew Warwick-Thompson as its executive director for defined contribution governance and administration.

Attaching guarantees to DC pensions could have a detrimental effect on investment returns according to a World Bank pension expert.

Defined contribution schemes are conflating the needs of young and old members and must create separate instruments for each group's needs, delegates heard.

Standard Life's 2012 corporate pensions platform profits are up but increases in new business have fallen from 2011 levels, its final year results show.

BlackRock UK head of defined contribution Steve Rumbles has resigned from the company.

The Rail, Maritime and Transport union has launched a campaign against construction firm Balfour Beatty after it proposed to close its defined benefit scheme to future accrual.