There is an "overwhelming consensus" among the industry that costs in defined contribution schemes should be clear, simple and comparable, The Pensions Regulator says.

The only way to reduce UK public debt to pre-crisis levels is to increase state pension age to 70 by 2046 and implement a further £20bn of spending cuts, PwC says.

Pensions reforms linked to sell-off plans, claims Labour; UK needs £20bn more austerity and retirement at 70 says PwC; Public sector pensions shakeup is part of privatisation plot, Labour warns; Pay gap between public and private sectors ‘widen'

Almost one third of the UK's largest companies are planning to use expensive and ill-suited pension provision to comply with employer duties, according to Hymans Robertson.

UK - Mercer has become the latest consultant to revamp its Europe, Middle East and Africa offering with the appointment of Martine Ferland from rival firm Towers Watson.

Employment laws prevent job creation, say sole traders

Mercer has become the latest consultant to revamp its Europe, Middle East and Africa offering with the appointment of Martine Ferland from rival firm Towers Watson.

The introduction of employer duties is seen as the top barrier to sole traders taking on their first member of staff, a survey finds.

Focus switches to active fixed income; Reductions in equity exposure to continue

The Pensions Management Institute has appointed Susan Smith and Paul Couchman as vice presidents.