Differences in the performance of the biggest defined contribution default fund mean some members could miss out on more than £500,000 of retirement income, warns JLT Employee Benefits.

Paul Macro, formerly head of UK defined contribution (DC) at Mercer, has joined Isinglass Consulting as joint owner and director.

Paying into a workplace pension is widely seen as the most secure way to fund retirement, but most people think property will deliver better returns, according to official data.

Zurich has added to the retirement support available to members of its workplace pension schemes with the introduction of a pot consolidation service and financial planning tool.

How small schemes can behave more like bigger ones

Capital Cranfield Trustees has expanded with the appointment of Stella Girvin and Martin Flavell as client directors.

Royal Philips has completed a £2.4bn buy-in with Pension Insurance Corporation (PIC) that will enable it to wind up its scheme following earlier transactions to insure almost £1bn in benefits.

Russell Investments has appointed Sarah Leslie as head of fiduciary management in the UK and Ireland.

Ensign Pensions is to stop providing services to the Merchant Navy Ratings Pension Fund (MPRPF) over concerns conflicts of interest.

Short termism is short changing tomorrow's pensioners