Tanjil Rashid looks at how schemes are preparing for the end of contracting out

The pensions minister has revealed that the Department for Work and Pensions (DWP) predicts people's pension incomes will in the future be consistent with present earnings.

Most pension schemes say they judge fiduciary providers according to their own investment objectives, rather than an industry benchmark.

Pension fund trustees are increasingly responsible for managing risk, but lack the skills to do, according to research by a pension consultancy.

UK pensions would be better off regulated by a single body in the future, the pensions minister Steve Webb has said.

The government is looking into exit fees levied on people cashing in their defined contribution (DC) pots, but has as yet no plans to intervene, says Steve Webb.

The success of the pot follows member policy will depend on better efficiency and cost control, according to Origo.

The majority of defined contribution (DC) pension schemes will revamp their default strategies within 18 months, according to research.

Demand for Neil Woodford's fund has helped make the UK equity income sector the best-selling category for a second month in a row.

Barnett Waddingham has bought Harsant Services for an undisclosed sum, taking on the administration of five occupational pension schemes.