Tesco

The Department for Work and Pensions' proposal to allow defined benefit schemes to self-certify may be unworkable, industry figures warn.

Pension funds can lend to businesses and fill the gap left by retreating banks, but will not be treated like "mugs", according to Tesco chief investment officer Steven Daniels.

Schemes should design auto-enrolment procedures with a longer term focus than the staging date, Tesco corporate pension manager Karen Wake says.

A group of 22 pension schemes has dropped a High Court case against Henderson Equity Partners for breach of mandate, after the fund manager agreed to pay legal costs.

A high court judge has ruled against the 22 pension funds attempting to sue Henderson Equity Partners for allegedly breaching the mandate for its Private Finance Initiative Secondary Fund II.

There have been claims from the consultancy world that NEST suffers from an image problem.

The Royal Bank of Scotland has completed its first month of auto-enrolment in the UK - with 50% of non-members choosing to stay enrolled in the scheme.

Tesco has founded an in-house investment team in a bid to reduce reliance on external providers and increase net returns.

The country's largest supermarket chains will become the first employers to auto-enrol their workforces this autumn.

Tesco's pensions deficit has risen 40% in the past year to £1.87bn driven by lower than expected bond yields and asset returns.