On the go: The Pension Protection Fund’s reserves fell to £6.1bn from £6.7bn, according to its latest annual report published today, the result of a record claim from the Kodak Pension Plan No 2.

On the go: The pension deficit for the UK’s 350 largest listed companies fell by £9bn to £48bn by the end of June from £57bn at the end of May, the most significant monthly improvement in funding levels since November 2018, according to Mercer.

The Pensions Regulator is consulting on proposals to make it mandatory for a professional trustee to sit on every trustee board, in a bid to ramp up standards and drive consolidation.

On the go: The Pensions Trust, Fidelity, Standard Life and Stanplan A have gained authorisation from the Pensions Regulator, bringing the total number of approved master trusts to 10.

On the go: Aviva has launched a defined contribution default fund with environmental, social and governance considerations at its heart, in line with growing demand from workers.

On the go: The Pensions Regulator has updated its DC investment guidance to incorporate new regulations on environmental, social and governance risk coming into force from October 2019 and October 2020. 

The Pensions Regulator has a watch list of 50 defined benefit schemes it is most concerned about, the watchdog’s chief executive, Charles Counsell, has revealed.

On the go: Hundreds of thousands of over-55s are unaware they can scale back or stop their withdrawals from their drawdown income, putting them in danger of draining their retirement savings too rapidly.

On the go: Legal & General Investment Management is removing five companies from its Future World Fund range for failing to meet stringent climate change criteria.