DC Channel - Pensions Age

Irish DC funds given option to defer annuity purchase
Ireland’s Minister for Finance, Brian Lenihan has announced a new option for members of DC occupational schemes which will defer the purchase of a retirement annuity for a specified two-year period.

Calm urged in face of massive Defined Contribution losses
Employees enrolled in defined contribution (DC) pension schemes have been urged not to panic after it became apparent that DC schemes have made massive losses in the past year.

DC dissatisfaction on
the increase
The number of Defined Contribution (DC) schemes viewed as 'poor' by their clients has declined by three per cent, according to research by Watson Wyatt.

DC risk assessment not
up to scratch
Over four fifths of DC pension schemes have not carried out a risk assessment within the last 12 months.

Pensions Age newslist

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Look before you leap

Tony Barnard, technical consultant at Gissings, assesses how employers can select the right pension provider for a contract-based scheme

With a vast array of insurance companies offering pension products, what factors do employers need to consider before making a decision on who to appoint to run their contract-based scheme? It’s not easy. There are many factors to take into consideration, and cost is not the only issue.

Employers can certainly make this decision without resorting to advice... Read more