In his Mansion House speech Chancellor Jeremy Hunt unveiled proposals to allocate at least five per cent of defined contribution default funds to unlisted companies by 2030, but are pension schemes ready to absorb the price of private equity.

Helen Dean CBE, one of the architects of auto enrolment, is to step down as Nest CEO after nearly eight years in the role.

The UK's largest defined benefit scheme, the Universities Superannuation Scheme, saw its membership grew by more than 27,000 to 528,074 but noted rising inflation and the drive to net zero were still challenges to overcome.

The Pensions Management Institute (PMI) has elected Robert Wakefield as president following its 47th Annual General Meeting (AGM).  

Pensioners need a pot of at least £530,000 to ensure a comfortable living standard in retirement, Standard Life has warned.

The government said it was going to scrap the lifetime allowance, simply to let in more taxes by the back door in a move which is at best incompetent and at worst disingenous; and - whatever - it's just too confusing, argues Pension Expert's editor Samantha Downes.

Cartwright, an independent privately-owned pension actuarial, investment consulting, consultancy and administration firm has given all staff a one-off payment to help with the increasing cost of living.

The number of people being approached unsolicited about transferring their pension increased in the second quarter of the year by five per cent, according to helpandadvice.co.uk.

Almost a third of financial advisers expect their customer fees to increase as a result of the Financial Conduct Authority’s (FCA) consumer duty.