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DC pension trustees need a clear statement of their purpose, says expert

OPINION: Defined contribution pension trustees will find themselves drawn into taking responsibility for members' outcomes. But if they are doing this they should protect themselves with a clear written statement of their purpose. 26 Nov 2014

Occupational DC pension scheme 'short service refunds' to end in October 2015

Members of occupational defined contribution (DC) pension schemes who leave an employer after less than two years of service will no longer be able to take a 'short service refund' of any contributions they have paid into that scheme from October 2015, the... 23 Oct 2014

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Post-2015 UK pensions landscape taking shape, says expert, as government publishes draft charges and governance regulations

Workplace pension schemes will be subject to new governance standards from April 2015 while member-borne charges will be capped, according to draft regulations published for consultation by the UK government. 20 Oct 2014

First DC pension ‘master trust’ attains independent assurance under new framework

The People’s Pension has become the first occupational defined contribution (DC) ‘master trust’ to receive independent assurance of its quality against the new regulator-backed framework, the Pensions Regulator has announced. 16 Sep 2014

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