Nearly half of UK employers (49%) are worried about older workers deferring retirement due to inadequate savings, with the majority fearing the situation will get worse.

Aon Hewitt has joined the defined contribution (DC) master trust market, launching a service aimed initially at existing schemes with £20m or more in assets.

Legal and General (L&G) has completed its first bulk annuity deal in the US, entering a joint agreement with Prudential Insurance Company of America to insure $900m (£595m) of liabilities in the Royal Philips scheme.

Will funds benefit from increased mortality rates?

Top stories on the website this week include a dramatic increase in mortality rates, an overhaul of the FCA's at retirement rules, and a dire warning about the UK pension system.

Government, NHS, health and care groups, and the pensions industry must work together

Andrew Warwick-Thompson sets out what TPR expects from DC trustees

Peter Askins says a simple system of tax credits is the answer

The Trigon Snacks Pension Scheme, a hybrid arrangement which had been in Pension Protection Fund (PPF) assessment, has completed a buyout with Legal and General (L&G).

Increases in life expectancy have slowed significantly over the last four years according to the Institute and Faculty of Actuaries' Continuous Mortality Investigation (CMI).