On the go: Falls in the UK’s quality of life, financial health and wellbeing have driven the nation’s retirement security ranking down to 19th in Natixis Investment Managers’ global retirement index, representing its fifth successive decline.

Pensions minister Guy Opperman has told MPs that around 12mn people are under-saving for their retirement, accounting for 38 per cent of the nation’s working age population.

On the go: Renewable energy business Aten Global has been fined £1,000 by the Pensions Ombudsman and ordered to pay missing pension contributions to an employee.

On the go: The BAE Systems Pension Scheme is fully funded following its latest actuarial valuation, according to a July update.

The High Court has given the green light for a full court hearing into a professional negligence claim against Aon, after the consultancy failed in its attempt to have the claim struck out on the basis that it has breached statutory limitation periods.

Pensions minister Guy Opperman has hit out at the pensions industry’s apparent lack of involvement in the development of so-called “midlife MOTs”, and argued in favour of the service being offered to savers in their thirties.

Pensions minister Guy Opperman has raised the possibility of scrapping member-nominated trustees, demanding a surge in professional trustees as part of his plans for consolidation in the defined contribution space.

Pensions minister Guy Opperman has rebuffed concerns over the timescale of the Pensions Dashboards Programme, adding that the project would have moved at even greater speed if he had his way.

The first Local Government Pension Scheme climate risk reports will be completed by December 2024, with which administering authorities will set out their strategies and metrics for managing climate-related risks and opportunities, according to a new government consultation.

On the go: Soaring inflation may prevent actuaries from being able to match schemes’ underlying liabilities with appropriate assets, with costs set to increase, the Institute and Faculty of Actuaries has warned.