Defined Contribution

Joint life annuities still have a role to play according to the Pension Advisory Service.

Steve Webb will call on the industry to create saving vehicles with affordable guarantees to meet the "huge appetite for certainty" among consumers.

Consultancy charging rules come into force at the end of this year. Jonathan Stapleton assesses the impact they will have on employers offering group personal pension schemes to their workforce.

Aviva has launched its initial adviser charging guide detailing which products qualify and how adviser charging will be enabled on those products.

Two thirds of pension experts believe the government should consider creating a simple default option for annuity purchases.

The Co-operative Group is set to offer its career average PACE scheme to all workers following a widespread review of its retirement benefits ahead of auto-enrolment.

The Pension Quality Mark has opened up its awards programme to schemes with flat rate charges and contribution charges ahead of auto-enrolment.

Solvency II rules will force insurers to increase reserves and cut annuity rates by up to 20%.

Focusing on simple messages will be a key part of ensuring the success of auto-enrolment, pension minister Steve Webb says.

The Pensions Regulator has published a list of key features that defined contribution schemes "need to be able to demonstrate" to show they will deliver good outcomes for savers.