On the go: The Department for Work and Pensions will be lowering the guaranteed minimum pension fixed rate revaluation for early leavers by 0.25 percentage points, after its consultation into the matter attracted just two responses.

Employers have rejected proposals from the University and College Union to end the impasse over the Universities Superannuation Scheme’s 2020 valuation, while yet more institutions have seen staff walk out on strike.

A court in California has granted Norfolk County Council’s petition, on behalf of the Norfolk Pension Fund, to be named lead representative in a class action lawsuit against Apple over alleged securities fraud.

On the go: Royal Mail, the Communication Workers Union and Unite have agreed to progress plans to introduce a new collective defined contribution scheme, the first of its type in the country, following a consultation with members.

This week – PM ignores three letters from a prominent campaigner on pension scams, government dismisses reports it guaranteed USS liabilities, Weir scheme and Capita ordered to pay member after GMP blunder, and FRC decides that pensions dashboards should probably be useful.

The Department for Education has dismissed the significance of a guarantee of Universities Superannuation Scheme benefits that early reports suggested could constitute a full government underwrite of the scheme, while employers have announced a short consultation on union proposals to resolve the 2020 valuation dispute.

Consumer confidence in the pensions dashboards could be undermined unless the methodology for calculating estimated retirement income is standardised and aligned with statutory money purchase illustrations, the Financial Reporting Council has said.

On the go: Buck claims it has completed the industry’s first ‘standalone’ guaranteed minimum pension equalisation project.

On the go: Regulators have been urged to look again at the role of introducers in the British Steel Pension Scheme transfers scandal that has seen more than £20mn paid out in compensation.

On the go: The pension contribution limit for non-earners should be significantly increased to help tackle the pension savings gap, Aegon has said.