defined contribution

The UK can pride itself on having the third largest pension system in the world, but the relative inefficiency of the UK defined contribution sector needs to be addressed, claims David Rowley who as a British journalist based in Sydney has spent the last three years reporting on Australian superannuation.

Scottish Widows has announced it will remove all exit fees across its workplace pensions.

Friends Life, now part of the Aviva group, has been appointed corporate pension provider for Rolls-Royce.

Merchant Navy Officers Pension Fund (MNOPF) will close its defined benefit (DB) scheme to future accrual and instead introduce a 30% defined contribution (DC) rate for members.

A flat-rate of tax relief is the most likely reform to appear in the Chancellor's March Budget according to Aon Hewitt‘s predictions.

The Financial Conduct Authority (FCA) has launched a discussion paper to learn how financial services firm can better engage with an increasingly ageing population.

The majority of employees who contribute up to 5% of earnings into pensions face a significant gap between their actual and desired retirement income according to Punter Southall Aspire.

Retirement planning, collating information and managing costs are among the best ways for defined contribution (DC) members to optimise their retirement income according to WEALTH at Work.

Darren Philp takes a look at TPR’s draft DC code.

PP looks at industry responses to the draft DC code