Defined Contribution

Labour pensions spokesman Gregg McClymont has denounced pensions minister Steve Webb's suggestion of switchable annuities as a "non-starter".

Stephen Nichols explains how to spot, recruit and retain a good trustee

Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.

The majority of employers are in favour of using auto-escalation schemes to increase contribution rates in defined contribution (DC) schemes, according to research from the Association of Consulting Actuaries (ACA).

Furniture superstore Ikea has announced a plan to pay bonus pension contributions totalling at €100m (£83.6m) per year into its defined contribution (DC) scheme provided the company reaches certain sales targets.

The ICAEW's assurance framework for master trusts has not been met with widespread praise, to say the least.

Six to 10 fund choices is the optimum number for defined contribution savers, according to PP research.

The industry is divided over whether there should be a cap on how much money defined contribution savers should be able to take as a tax-free lump sum, PP research finds.

The Department for Work and Pensions' (DWP) defined contribution (DC) charge cap model could differ from the three options included in its consultation, pensions minister Steve Webb says.

JP Morgan’s Simon Chinnery says the industry must accept the price cap and design good products