WPC

The House of Commons has confirmed that the Work and Pensions Committee (WPC) will be chaired by a Labour member of parliament (MP).

Aegon has launched personalised animated video summaries for its members, in a bid to boost engagement.

An agreed definition of value for money would make it easier for members to compare pensions, but it could be difficult as schemes are so different, writes Kim Kaveh.

It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.

This week's top stories included HSBC's scheme completing a £7bn longevity swap with PICA and the government announcing it would review the tapered allowance for NHS scheme members.

The government and regulators should not wait for the industry to "fail to act voluntarily" to provide value for money in pensions, the Work and Pensions Committee (WPC) says.

The Pensions Regulator (TPR) almost issued a warning notice against one of the firms involved in the Railways Pension Scheme (RPS) as sections of the scheme were placed on watch in 2016.

Work and Pensions Committee (WPC) chairman Frank Field has written to The Pensions Regulator (TPR) over its influence on the Universities Superannuation Scheme's (USS) 2017 valuation.

Cases such as The Pensions Regulator's (TPR) recent negotiations with Arcadia are at the top of the watchdog's agenda, its chief executive has told MPs.

Arcadia has postponed votes on its seven company voluntary arrangement (CVA) proposals in order to "conduct further dialogue with a few landlords" in a bid to save the business from collapse.