Defined Contribution

Providers are struggling to assess value for money in defined contribution default funds because of the wide variation in outcomes targeted by members, according to research.

Savers in defined contribution (DC) default funds are far more exposed to emerging markets than they realise, a research paper has warned.

Up to £25.8bn of assets in contract-based and bundled trust-based defined contribution (DC) schemes is in funds charging 1% or more annually, according the Independent Project Board (IPB).

The Financial Conduct Authority (FCA) is asking annuity providers to look into their non-advised sales going back to 2008 to see if consumers missed out on higher income by buying the wrong type of annuity.

The National Employment Savings Trust (NEST) is planning to add single-year maturity gilt funds to the ‘building block' funds it uses in its default retirement date funds.

Defined contribution trustees face a huge challenge in measuring 'good value for money', writes Stephanie Baxter

Proposals to improve DC governance are passing the buck to trustees

Stephanie Baxter looks at whether FTSE's new benchmarks will help trustees improve DC investment strategies

Trustees must ensure default investment strategies are flexible

Barings Asset Management is to launch two multi-asset funds to service the auto-enrolment and decumulation markets.