DWP

The average annual management charge is 0.71% and 0.84% for defined contribution (DC) trust-based and contract-based schemes respectively, according to Department for Work and Pensions (DWP) research.

Legislation to establish the necessary changes for defined ambition (DA) is expected to reach Parliament in 2015.

The Department for Work and Pensions (DWP) will consult on an auto-enrolment (AE) exemption for employees who have already opted out of contractual enrolment.

Pension industry organisations have criticised the Department for Work and Pensions' (DWP) decision to block the use of statutory override for former public sector pensions.

Is collective defined contribution a tested failure or the only way forward?

A growing proportion of the industry wants the Department for Work and Pensions (DWP) to revisit its decision to pursue pot follows member to aggregate small pots.

Buzz respondents were generally supportive of the decision to delay the introduction of a charge cap on workplace defined contribution (DC) schemes.

Pots follows member transfers will not be automatically triggered by a member moving jobs, pensions minister Steve Webb says.

There was only limited appetite from Buzz contributors for a government review of pensions regulation before 2015.

Rachel Dalton asks if a charge cap can still be enacted following delays