All Defined contribution articles – Page 3
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OpinionIFoA: Trade-offs, risks, and choices for the Pensions Commission
Paul Sweeting, president of the Institute and Faculty of Actuaries, responds to the Pensions Commission’s interim report and highlights crucial areas for the commissioners to consider.
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NewsPensions UK: Retirement Living Standards show savers face ‘cliff edge’
Only 23% of workers will achieve a moderate retirement lifestyle with current contribution rates, according to Pensions UK research, building on its influential Retirement Living Standards.
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NewsMajor master trusts collaborate to cut pension transfer times
Providers including Nest, the People’s Pension, Smart Pension, and Now Pension have established Pathfinder, a working group that will explore “practical ways to improve pension transfers”.
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NewsACA chair calls for ‘fairer, more sustainable’ UK pensions system
Aon’s Chintan Gandhi has issued a rallying cry to the pensions industry as he takes over as chair of the Association of Consulting Actuaries, highlighting DC adequacy, DB surplus, collective DC and tax as priorities for the trade body.
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NewsPension transfer times reach fastest level in nearly two years, research finds
Figures from the Origo Transfer Index show that simple pension transfers were completed in an average of 10 days, marking a turnaround from the previous year.
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OpinionMandation and pension scheme investment: what does it mean for trustees?
Despite months of lobbying, an investment mandation clause still made it into the Pension Schemes Act. Gavin Ellison of law firm Womble Bond Dickinson looks at what the new law says and what it means for master trusts.
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OpinionPPI: Beyond the Pension Schemes Act – now the real work starts
Chris Curry, Pensions Policy Institute It seems like much of the pensions world has spent the last 12 months engaging with and discussing the Pension Schemes Bill, which has now received Royal Assent and become the Pension Schemes Act 2026. Many of the policies enacted by the ...
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PodcastsAlways A Pensions Angle: The Report, the Gap and the Robot in the Room
In this bumper edition of the podcast, co-hosts Thomas Parker and Nick Reeve explore the Pensions Commission’s interim report, the gender pensions gap, local investment, investing in conflict zones, and artificial intelligence.
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OpinionSPP: Putting people at the heart of retirement decisions
Clear and considerate communication will be key to helping members make the best choices in the lead up to, and through, their retirement, argues Alastair Hogg of the Society of Pension Professionals.
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NewsGender pension gap shrinks but shortfall still ‘unacceptable’, says union
New analysis from trade union Prospect has found that the gap, which measures the difference between the pension income of men and women, fell to 32.9% in 2023-24.
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People NewsWTW appoints Clutterbuck to lead Cushon Master Trust following acquisition
WTW finalised the acquisition of the Cushon Master Trust from NatWest earlier this month, following sign-off from the Financial Conduct Authority.
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OpinionPensions UK: Commission is a bold first step towards a fairer, more adequate system
As the pensions industry absorbs the Pensions Commission’s interim report and assesses its findings, Pensions UK’s Matthew Blakstad highlights some key points and where the trade body will focus its efforts in the coming months.
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News‘Wake up call’ on adequacy from Pensions Commission in interim report
The government has been urged to act promptly to address the gender pension gap and the lack of retirement options for the self-employed, following the publication of the Pensions Commission’s interim report.
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NewsPensions Commission calls for ‘new national settlement on pensions’
The Pensions Commission’s final report is slated for early next year, with Baroness Jeannie Drake promising that it will “address the need to secure adequate income in later life and a pension system that is fit for decades to come”.
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NewsMaster trusts expand retirement support as savers face ‘big decisions’
Two master trusts have launched support services for their members in the run-up to retirement as the industry’s attention is shifting to the at- and post-retirement stages of the pension journey.
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OpinionWhat India’s pension system can teach the UK about Value for Money
Subroto Das, a former chief general manager at PFRDA, India’s pension supervisor, sets out some important lessons for UK regulators ahead of the introduction of Value for Money, taken from a recent research paper.
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NewsThe £25bn question: TPR report casts doubt on benefits of scale
New research from the Pensions Regulator indicates that scaling up defined contribution pension schemes will not bring guaranteed economies of scale.
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NewsNest granted drawdown capabilities ahead of guided retirement push
The government has amended legislation to allow Nest to provide “flexi-access drawdown” as the Pension Schemes Act introduces decumulation requirements for DC providers.
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NewsRegulator gives green light to WTW’s Cushon acquisition
WTW now owns two defined contribution master trusts serving the UK market, with Cushon now sitting alongside its existing LifeSight offering.
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NewsTPT adds sukuk bond fund to member options as Sharia investing choices grow
Source: Evgeny Atamanenko/Shutterstock TPT Retirement Solutions is the latest defined contribution (DC) provider to add Sharia-compliant sukuk bonds to its investment options for members.