defined contribution

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

Just 13% of employers have reviewed their pension offerings since the April freedoms as most companies are still struggling to understand the implications, according to research.

Mercer has acquired health services firm Positive Ageing Company to help companies respond to the challenges of an ageing workforce.

The draft defined contribution (DC) code is not suitable for all types of schemes and lacks clarity on trustees' responsibilities, according to responses to the regulator's consultation.