Defined Contribution

The Department for Work and Pensions (DWP) will publish its response to last year's charge cap consultation next week, pensions minister Steve Webb confirms.

George Osborne's promise of free, impartial, face-to-face advice for defined contribution (DC) retirees could cost the industry anything from £32m to £120m a year, consultants warn.

Barnett Waddingham’s Malcolm McLean says we action on retirement products

Today's Budget pension reforms will not irreparably damage the annuity market, says Just Retirement customer insight director, Stephen Lowe.

Pension schemes and providers will be given a duty to ensure defined contribution (DC) retirees get guidance on decumulation by April 2015.

The proportion of the British workforce in an occupational pension scheme rose by 50% in 2013 according to the Office for National Statistics (ONS).

The AMNT’s Janice Turner says members should have better advice at retirement

Ensuring all pension savers speak to their independent financial adviser (IFA) or a provider about retirement options is among promises the Association of British Insurers (ABI) will present to the Financial Conduct Authority (FCA) on behalf of the pensions...

Pension professionals are divided on whether members know and understand what they want in retirement.

Meaningful guarantees for defined contribution (DC) members are prohibitively costly, driving down demand, according to Hymans Robertson investment consultant Mark Jaffray.