All Defined contribution articles – Page 15
-
NewsDC pensions: Providers and regulators need to work on innovation
DC pensions providers, regulators and the wider pensions industry need to develop resources to help members extract more value from their savings, a report has found.
-
NewsDC pensions: Savers on course to be poorer in retirement, Aon
Younger savers are, on average, projected as having a lower standard of living in retirement, according to Aon UK.
-
NewsMid-life MOT: DWP's online pensions and savings resource goes live
The Department for Work and Pensions has launched its online midlife MOT.
-
NewsTPR: Smaller DC schemes urged to swot up on value for money assessments
Smaller defined contribution (DC) schemes, have been singled out as "failing to meet expectations on assessing value" by The Pensions Regulator (TPR).
-
NewsStill unloved: Annuities struggle to shake off their inflexible reputation
At least a fifth of savers do not believe annuities offer good value, despite rates being at a near 14-year high, a survey has revealed.
-
NewsPensions: The great inflation divide
Savers with an an inflation-protected pension scheme will be £1,500 better off by April 2024 than those with capped inflation protection, investment platform ii has warned.
-
NewsLifetime allowance changes: Employers urged to offer DC scheme members more support
Employers are being urged to give better support to defined contribution (DC) pensions scheme members who may be affected by the changes to the Lifetime Allowance (LTA) and Money Purchase Annual Allowance (MPAA) announced back in the Spring Budget.
-
NewsDefined contribution pension schemes: half of savers have no idea how to access their pot
The Institute for Fiscal Studies' (IFS) report revealed more than four in ten of those in their 50s and early 60s with defined contribution pension pots had "no idea how to access their savings".
-
NewsRetirement and poverty, Scottish Widows warns of growing generation gap
The life office and pensions provider has launched the National Retirement Forecast (NRF) which aims to provide "forensic analysis of the challenges faced by different demographics".
-
NewsCould pensions be the best recruitment tool?
The amount a company pays into their employees' pensions should not be seen 'as an afterthought', and could be a key selling point when it comes to recruiting staff, claimed Standard Life.
-
OpinionTo DC or CDC. That is the question…
DB pensions – and the guaranteed retirement income they bring – are well and truly a thing of the past, with a mere circa 5,000 left in the UK,most of which are closed to new members.
-
News'More work needed' to speed up pension transfer scam protection measures
Over 20 pension schemes, administrators and industry bodies took part in the DWP's 18-month review, which found that only four per cent of transfers were given a red or amber flag.
-
NewsThree solutions to the nation’s savings crisis
Three new studies offer policy solutions to the savings emergency
-
-
News
Pension dashboards programme further delayed
As reported by Pensions Expert on 29 May, the government has made an announcement, on pension dashboards, further delaying the programme to 31 October 2026.
-
NewsMore retirement planning needed for those with mental health issues
Millions of people with mental health problems face a financial cliff edge when they retire, because they do not receive the information and support they need to plan for retirement.
-
NewsPLSA offers pragmatic alternatives to politicians' ideas for UK growth
In recent months, the government, the opposition, the lord mayor of London and other lobbyists and policy wonks have floated various notions as to how pension funds – defined benefit (DB) and defined contribution (DC) – should invest their assets in order to boost growth in the UK’s economy.
-
NewsDWP data shows the gender pension gap remains at 35%
According to the most recent data (2018 to 2020) issued by the Department for Work & Pensions (DWP) on 5 June 2023, the gender pensions gap (GPeG) in private pensions stands at 35%.
-
OpinionWhy two pairs of eyes are better than one (for DB sponsors)
When it comes to running defined benefit (DB) pension schemes, sponsoring employers have long suffered from increasing complexity, regulatory burden and cost.
-
NewsIsio seals Deloitte UK pensions business deal
Isio Group has completed its acquisition of Deloitte Total Reward and Benefits, the UK pensions advisory business of Deloitte LLP, following FCA approval.