All Defined contribution articles
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NewsTrade bodies hit back as master trusts face planned 9% levy increase
A consultation on levy changes was published by the Department for Work and Pensions earlier this week, proposing significant increases in payments in an attempt to cover a rising funding shortfall.
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FeaturesWhat the pensions industry wants from the Pensions Commission
Pensions Expert has collated a selection of views from senior representatives, each exploring what they would like to see from the final report when it is published next year.
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NewsDC consolidation: Four providers hold 70% of assets, study finds
As the government pushes forward with its £25bn scale requirement for DC schemes, new research shows that the sector is already dominated by a small number of providers.
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OpinionCushon: Meeting the adequacy challenge in a changing DC world
Accumulating a pension pot and choosing how to draw it down should not be treated as two distinctly separate issues, according to Cushon policy and research director Steve Watson.
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OpinionIFS: How to boost pension saving among the self-employed
Getting more self-employed people saving for retirement is a key focus for the pensions minister and the Pensions Commission. Laurence O’Brien of the Institute for Fiscal Studies explores how this could be done.
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OpinionSackers: Kicking off the second half of a year of DC pension reform
Helen Ball, partner at Sackers, looks ahead to the next few months and what they could bring for different sections of the DC market as reform implementation kicks off.
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NewsCost of renting will wipe out auto-enrolment savings for future retirees, research warns
Future generations retiring with a minimum auto-enrolment pension will see their workplace savings wiped out by the cost of renting, according to research by Hymans Robertson.
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OpinionHow much does it really cost to retire? The case for career-level pension planning
Philip Hodges, a director at Guiide, makes the case for pension schemes providing greater assistance to members to understand all their retirement savings and prepare to draw an income.
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OpinionIs an expanded collective DC framework the future of pensions?
Beth Brown and Sally MacCormick of Arc Pensions Law discuss the nuances of collective DC and how it could benefit members once the necessary legislation is in place.
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NewsAuto-enrolment reforms could introduce unwelcome complexity, study finds
Introducing flexible approaches to auto-enrolment contributions risks introducing complexities and would not be popular among savers or employers, according to a major study led by Pensions UK.
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NewsA blueprint for megafunds: How consolidation will shape the future of DC pensions
The drive towards “fewer, larger pension schemes” being driven by the Pension Schemes Act could boost individual pension pots by up to 20% if executed well, according to new research by WPI Economics and Standard Life.
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NewsAnnuity demand on the rise among over-75s, research shows
Inheritance tax changes and higher interest rates are encouraging more people to annuitise later in life, according to research by Standard Life.
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OpinionDCIF: The Pensions Commission must have the courage of its convictions
Lindsay Nickerson, chair of the DC Investment Forum, argues that investment-related sections of the Pensions Commission’s interim report may go against some of its other aims and objectives.
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NewsTrustees urged to embrace accreditation and ‘continuous learning’
Panellists at the PMI’s annual conference in London argued that trustee capability must evolve beyond technical knowledge to include stronger decision-making, leadership and behavioural skills.
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NewsTorsten Bell on the growth of DC, improving adequacy, and tackling fraud
Addressing delegates at the Pensions Management Institute’s annual conference in London last week, Bell outlined five major trends affecting the pensions sector.
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NewsNew research sheds light on savings gap as coalition launches to boost resilience
The National Coalition for Workplace Savings was launched this week with the aim of boosting financial resilience, supported by several large employers as well as Nest Insight, MaPS and TISA.
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NewsDC assets to overtake DB as retirement saving transforms
Data from the Department for Work and Pensions shows how DC is expected to grow in the years ahead – but shrinking overall assets further emphasise the adequacy issue facing the sector.
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OpinionBetter admin is the key to improving retirement outcomes
Rory Murphy, former chair of the Merchant Navy Officers’ Pension Fund, calls for urgent action to raise administration standards and stop members from being negatively impacted by poor practices.
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OpinionWhy pension transfers risk creating a two-tier system for savers
Pension transfers are in the news after recent communications from the Financial Conduct Authority and the Department for Work and Pensions. People’s Pension CEO Patrick Heath-Lay argues that transfers must be made clearer, not just faster.
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NewsPPI: Guided retirement could be ‘critical’ to improving member decisions
Guided retirement solutions could play a “critical” role in helping defined contribution savers make better decisions at retirement, but their success will depend on how well schemes understand their members, according to the Pensions Policy Institute.