All Defined contribution articles – Page 133

News
Schemes told to offer annuity brokerage

2014-01-07T00:00:00Z

News analysis: The shadow pensions minister has urged schemes to take a role in providing annuity brokering advice to ensure greater member purchasing power, but industry figures have raised concerns over how this could be implemented.
News
Managers endorsing DC auto-escalation could face scheme tailoring challenge

2014-01-06T00:00:00Z

News analysis: More than half of employers back auto-escalation schemes as a way to increase employee contributions, according to new research, but they may face challenges in tailoring contribution rates to members.
News
Findel uses auto-enrolment to chisel down costs

2013-12-19T00:00:00Z

Home retail and educational materials supplier Findel has overhauled its existing pension offering to generate savings that will help shoulder the costs of auto-enrolment.
News
Employees being left in lurch over annuities

2013-12-16T00:00:00Z

An annuity purchased from the proceeds of a pension scheme is a major source of retirement income for many people. With auto-enrolment, that is increasingly the case.
Features
Royal Mail to address member knowledge gap

2013-12-12T00:00:00Z

Royal Mail Pension Plan is considering a revamp of its communications strategy after more than half of its members said they do not understand how their scheme works.
News
Two-thirds of employers uneasy over pot-follows-member

2013-12-11T00:00:00Z

News analysis: Around two-thirds of businesses are concerned at the complexity of the automatic transfer regime, while 70 per cent of managers are worried about the broader challenges of auto-enrolment compliance, a survey has found.
News
Investors on the hunt for asset performance

2013-12-11T00:00:00Z

2014 preview: Next year will provide defined benefit schemes more derisking opportunities, while defined contribution schemes may need to diversify further during their growth phase, investment experts have predicted.
Opinion
Editorial: All systems go

2013-12-06T00:00:00Z

And I thought things were supposed to calm down before Christmas? Last week saw a smattering of debate and policy in the pensions industry.
Features
Half of DC schemes opt for multi-asset defaults

2013-12-05T00:00:00Z

Data analysis: Almost half (49 per cent) of defined contribution schemes now employ a multi-asset or diversified growth fund in the default phase, reflecting a desire to manage investment volatility for scheme members.
News
Micro scheme membership slumps as market consolidates

2013-12-04T00:00:00Z

Data analysis: The total membership of small schemes with between two and 11 members has fallen by two-thirds over recent years as the market consolidates and auto-enrolment beds in.
Opinion
Learning overseas lessons on DC design

2013-12-03T00:00:00Z

While a succession of regulatory developments have laid the groundwork for better retirement outcomes for many thousands of employees now enrolling in defined contribution plans, in many ways it is still a sector in its infancy.
Features
The DC Debate – improving retirement income

2013-11-26T00:00:00Z

This quarter's debate sees experts discuss the gender gap, decumulation and illiquidity, as schemes strive to attain the best outcome for members close to retirement age.
Opinion
Editorial: To the collective benefit

2013-11-22T00:00:00Z

An eloquent voice has been added to those calling for the introduction of collective defined contribution pension schemes in this country to drive better outcomes for savers.
News
Mid-sized charities heading towards 'poor' value AE

2013-11-21T00:00:00Z

News analysis: More than half of small and medium-sized charities yet to auto-enrol have schemes with annual management charges greater than 0.5 per cent and face enrolling into “poor value” schemes, according to a report.
Features
Nuclear fund on course to claw back £1m merger cost

2013-11-21T00:00:00Z

The Nuclear Decommissioning Authority is close to recouping the £1m it spent merging two schemes into the Combined Nuclear Pension Plan in a bid to save on administration and advisory costs.
News
How the DC code will affect your scheme

2013-11-19T00:00:00Z

The Pensions Regulator will make its defined contribution code of practice easier for scheme managers to understand after feedback that the line between pensions law and best practice was not clear enough.
Opinion
Why too many DC regulators spoil the broth

2013-11-18T00:00:00Z

We live with two systems of regulation for occupational pension schemes.
News
Managing your money purchase legislative risk

2013-11-15T00:00:00Z

News analysis: Managers of pension schemes that have hybrid elements such as additional voluntary contributions have been urged to investigate the impact of a legislative change that could increase their costs.
Opinion
Editorial: The two-headed monster

2013-11-15T00:00:00Z

Defined benefit scheme managers and trustees could be forgiven for feeling perplexed at the government’s attitude to the benefits they oversee.
News
Housing group shoots for double contributions in scheme revamp

2013-11-12T00:00:00Z

Shepherds Bush Housing Group are to make its defined contribution scheme the "centrepiece" of its staff benefits provision by mirroring the contributions standards set out by the Pension Quality Mark.