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More DC pensions news

Employers waste millions on DC

Employers could do better with
DC decisions

DC fails to engage its members

Increasing interest in CDC schemes

SEI combats DC drain



DC assets on the up but pensioners subject to ‘birthday lottery’

DC assets on the up but pensioners subject to ‘birthday lottery’
Defined contribution (DC) pension scheme assets have increased for the second consecutive month by ten per cent, to a combined total of £418bn, according to Aon Consulting.

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.

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Gissings

Are you making the most of the cost savings in NIC available for both employers and employees?

Tony Barnard, Technical Consultant, Gissings Consultancy Services Limited writes...

In the current economic climate of tough trading conditions and nil or even negative pay awards, employers are having to achieve savings in all aspects of their business, whilst also seeking to motivate and retain staff. Utilising 'salary exchange' or 'salary sacrifice' for pension contributions can produce a win:win, with both the employer and employee able to achieve considerable savings in national insurance contributions... Read more

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