Prudential Regulation Authority

Workplace pensions governance should be overseen by a single regulatory body, the latest Work and Pensions Committee report says.

The Pensions Regulator will give trustees a "clear steer" on acceptable approaches to funding and recovery plans in the spring, Bill Galvin confirms.

The retail distribution review will "ratchet up" the professionalism of financial advisers, according to the Financial Service Authority's head of investment policy Peter Smith.