defined contribution

The trustee of the £2.8bn Kingfisher Pension Scheme (KPS) has appointed Hymans Robertson as its scheme actuary and adviser.

A proposed change to the Pension Schemes Bill would put an end to non-disclosure agreements (NDAs) that hide the fees that schemes pay asset managers.

HS Administrative Services (HS Admin) has taken on the client bank of the York-based administrator Pension and Benefit Services Ltd (PBSL) following the announcement of its closure.

The total deficit of defined benefit (DB) FTSE 350 pension schemes surged 80% over the year to date, according to Hymans Robertson.

Up to £25.8bn of assets in contract-based and bundled trust-based defined contribution (DC) schemes is in funds charging 1% or more annually, according the Independent Project Board (IPB).

Fewer than one in seven defined contribution (DC) schemes plan to make it mandatory for members to take up the guidance guarantee before accessing their pot, PP research finds.

PP looks at the pros and cons of pooling risk

Young people could be hit disproportionately by the pension freedoms being introduced in April according to Baroness Jeannie Drake.

Ikea has topped up long-serving employees' pension pots by more than £1,000 each as part of a €200m (£157m) bonus scheme.

Legal and General (L&G) has announced a major restructuring that will see its defined (DC) contribution platform being moved into the group's investment business.