All Defined contribution articles
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NewsLifeSight eyes retirement CDC as industry awaits rulebook
The LifeSight master trust plans to launch a retirement-only collective defined contribution offering, it announced today, as the pensions industry anticipates a new regulatory framework later this year.
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OpinionIFoA: Give pension savers a seat at the table
With the Pensions Commission’s interim report eagerly awaited, Paul Sweeting, president of the Institute and Faculty of Actuaries (IFoA), explains why it is so important to ensure savers have a voice when considering future reforms.
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NewsFresh calls for contribution hikes as adequacy comes into focus
With the Pensions Commission expected to produce its first interim report next month, new research has explored contribution rates and optimal ways to support savers who are facing shortfalls in retirement.
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NewsTPR steps up DC consolidation drive as master trust domination increases
Trustees of DC pension schemes need to keep their arrangements under review and consider consolidating into larger schemes if they are not delivering value, TPR has said.
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In DepthSpecial report: The Pension Schemes Bill in the House of Lords
The landmark legislation begins its report stage this week, with peers still debating more than 180 amendments to the Pension Schemes Bill. Pensions Expert explores what is up for discussion over the next two weeks.
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FeaturesWhy Nest is embracing deliberative democracy
The UK’s largest master trust is exploring innovative ways in which to achieve better member representation within its governance structure.
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OpinionIs running on DB schemes a bridge to stronger DC outcomes?
Lindsay Nickerson, the new chair of the DC Investment Forum, explores the interaction between defined benefit surpluses and payments into defined contribution pension schemes.
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NewsAmber alert: Industry weighs risks of Value for Money ratings
Amber ratings being introduced through the Value for Money framework should encourage dialogue and reform, not knee-jerk reactions, regulators say.
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NewsEmployers back higher auto-enrolment contributions but call for flexibility
Polling of 500 business leaders found that 43% think contributions should be increased, compared with 36% who believe they should remain at current levels.
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NewsMaster trusts should prepare now for scale requirements, TPR says
The regulator set out principles to help trustees evaluate whether their schemes are likely to meet the proposed scale thresholds and how they should evidence future growth.
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NewsSetting the scale test: How the DWP plans to get DC funds to £25bn
The Department for Work and Pensions has set out how it expects master trusts and other DC providers to hit the £25bn scale requirement set out in the Pension Schemes Bill.
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NewsTUC calls for member representation on ‘megafunds’ boards
“Pension schemes deliver better outcomes for members… when those members have a say in how they are run,” says TUC general secretary Paul Nowak.
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OpinionSPP: Value for Money proposals increase risk of 'herding' among DC providers
As the latest consultation on the proposed Value for Money regime comes to a close, Owen McCrossan of the Society of Pension Professionals warns of negative consequences if there is not enough room for nuance in the system.
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FeaturesRamadan and the impact of Zakat on DC savings
As the Muslim holy month of Ramadan reaches its halfway point, Aamina Zafar explores how Islam’s obligatory charitable contribution, known as Zakat, can affect Muslim savers’ retirement planning.
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NewsTPR urges trustees to design defaults around real-world saver patterns
The Pensions Regulator (TPR) has urged trustees to rethink default pension design, warning that contribution patterns are more irregular than many schemes assume.
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OpinionTrusteeship and administration: Preparing for a consolidated future
David Fairs, a former TPR executive and now chair of the Pensions Administration Standards Association (PASA), looks into what the rapidly evolving pension landscape means for administration providers.
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OpinionPMI: Investing in admin skills to protect savers as outsourcing increases
Varsha Gicas, chief customer officer at the Pensions Management Institute (PMI), reflects on her recent visit to India and explains why investing in global professionals is essential to raising standards across the industry.
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NewsHow a hybrid DC scheme tapped into the bulk annuity market
A £13m DC pension scheme with a DB underpin has derisked through an “innovative” deal involving insurer Just Group and master trust Smart Pension.
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NewsWhat AI is telling your members about their pension scheme
PensionBee has flagged the increasing prevalence of ‘zero click’ searches that rely on AI-generated content, while consultancy Quietroom warns on serious flaws in how large language models summarise pension scheme information.
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NewsNest on tour: Master trust goes on the road to promote regional investments
Master trust Nest has launched a campaign to promote its regional investments around the UK, after research showed less than a quarter of savers know where their pension is allocated.