Defined Contribution

Just Retirement is "rapidly adapting" its business model to accommodate changes to pensions announced at Budget 2014, after disclosing annuity sales are "at around half of pre-Budget levels".

The lifting of restrictions on how defined contribution (DC) savers take their pots will not necessarily mean the end of the annuity market, says the Pensions Policy Institute (PPI).

Defined contribution (DC) default funds remain heavily dependent on the stock market, with the average fund investing 80% of its portfolio in developed market equities, says Schroders.

The Treasury Committee has welcomed "transformational" changes to defined contribution (DC) retirement income announced in this year's Budget.

DC lifestyle funds may be out of date in the post-Budget environment. Charlotte Moore looks at solutions for the industry

Prudential has become the latest life company to report severely hit annuity sales in the wake of radical reforms to how people can access their pension.

Naomi Rainey looks at the impact of TPR and ICAEW’s master trust assurance framework

How the cost of the government’s promise of at-retirement advice could be met

The industry wants auto-enrolment minimum contributions to rise and sees auto-escalation as a good way of achieving this

The pension industry is keen to see auto-escalation arrangements put in place to help workers save more, PP research finds.