The Universities Super­annuation Scheme (USS) has made a trio of hires to reinforce its global emerging markets equities team.

Scheme sponsors could face a bill of £400,000 to change their pension provision as tax relief for high earners changes in April 2011.

Members who delay drawing benefits from their pension funds may be subject to inheritance tax, following a recent case with Her Majesty’s Revenue & Customs (HMRC).

Experienced auditor Marta Phillips OBE has been appointed as chief executive of the Pensions Advisory Service (TPAS).

The new corporate governance code from the financial reporting council  recommends that all directors of FTSE 350 firms be subject to annual  re-election.

The Pensions Regulator’s determinations panel has appointed Pi  Consulting to the Hugh Mackay Retirement Benefits Scheme using the  Special Procedure.

Lady Barbara Judge’s appointment to the Pension Protection Fund (PPF) could contradict the combined code of the Financial Reporting Council (FRC), of which she was deputy chair.

In his inaugural speech, work and pensions secretary Iain Duncan Smith pledged to review auto-enrolment and the National Employment Savings Trust (Nest).

Public sector pensions have seen payments increase by 38% in the last decade, according to a National Audit Office report (NAO).