A 30-year-old auto-enrolled into an average defined contribution (DC) arrangement today would need an initial pot of three times their salary to receive an acceptable retirement income

The government has accepted all Lord Hutton’s recommendations on public sector pension reform “as a basis for consultation”.

The BBC has agreed a repayment schedule for its deficit, which it has  had valued at £1.1bn.

Many of the UK’s largest retailers are working to establish a multi-employer scheme in time for auto-enrolment

Fund manager analyst Inalytics is piloting its fiduciary manager assessment tool with a “large sophisticated client”, ahead of its launch later this year

The European Central Bank (ECB) is pushing products containing  potentially toxic unsecured mortgage debt onto UK pension schemes.

More than a third of the UK’s largest employers will use the forthcoming  high earner tax changes to close their remaining defined benefit (DB) schemes.

Public sector schemes will have to find £7.5bn by 2015 through raising contributions or cutting benefits on the back of Lord Hutton’s recommendations.

Ignis is launching a liabilitydriven investment (LDI) strategy shorting  gilts to give schemes returns above their pension commitments.