Workers at carmaker Aston Martin have threatened industrial action following news that it plans to close its defined benefit pension scheme in January 2022.

On the go: The UK pension risk settlement market is anticipated to see volumes of more than £45bn by the end of 2021, the third year in a row that it has reached this level, according to analysis by Aon.

On the go: Master trust Nest is expected to break even in 2024, two years ahead of previous forecasts, and anticipates it will repay the loan from the UK government by December 2038, according to its latest annual report.

On the go: The Royal Mail’s new collective defined contribution plan will have a fixed employer contribution of 13.6 per cent, as well as a standard employee contribution of 6 per cent, the group confirmed on Thursday.

Lessons on how to successfully integrate robust governance procedures in providing value for money in UK pensions must be taken from overseas, the Pensions Policy Institute has said.

On the go: Defined benefit scheme endgame plans are threatened by a lack of understanding about “company beliefs”, according to Hymans Robertson, warning that trustees must ensure such beliefs are aligned with strategic pensions choices.

Fifty-eight universities will be hit with three days of strike action in December after University and College Union members backed industrial action over pension cuts, pay and working conditions.

On the go: Women will need to save an average of £185,000 more during their working life to enjoy the same retirement income as men, according to new research by Scottish Widows.

On the go: The trustee of Universities Superannuation Scheme has decided to signpost its members to LifeSight – Willis Towers Watson’s defined contribution master trust – for drawdown provision.

The UN’s Sustainable Development Goals list 17 ambitions to improve the lives of people globally, spanning matters of poverty, equality, environmentalism and health. Much of the focus of the SDGs is on the developing world, yet lessons can be taken from the ambitions and used to improve the lives of people in the UK.