Legg Mason has acquired fund of hedge funds manager Fauchier Partners from BNP Paribas Investment Partners.

Two senior figures at The Pensions Regulator are set to depart, with interim head of defined contribution Mike Lazenby to leave his role after only six months.

Hannah Brenton analyses the impact of the cuts to annual and lifetime contribution limits

Pot follows member is a "ruse" to impose higher quality standards on schemes and enforce mergers, according to Michael Johnson.

Fears retiring baby boomers will monopolise resources and limit economic growth for future generations are "nothing to worry about", according to sociologist Frank Ferudi.

The Pensions Regulator has begun auto-enrolment with a 24% opt out rate for newly enrolled members and an overall take up rate over 98%.

The £1.45bn Berkshire Pension Fund has appointed Kames Capital to manage a £70m global equity mandate.

Trade bodies have balked at the prospect of an increase in the Pension Protection Fund compensation cap, arguing the cost will be passed onto schemes and employers.

The Department for Work and Pensions will review the Pension Protection Fund compensation cap over fears long-serving workers are receiving "penal" treatment.

The Treasury has been accused of pursuing self-interest and seeking to raise billions of pounds in corporation tax by allowing schemes to smooth discount rates.