A member consultation on proposed changes to the Universities Superannuation Scheme has opened today.

Trustees are failing to assert themselves on crucial issues such as liability management and asset safety because of time pressures, Kas Bank warns.

The Pension Protection Fund has admitted 17 more pension schemes, including one belonging to failed Christmas hamper firm Farepak.

UK - Trustees now have a further five years to act on legal requirements under section 251 of the Pensions Act 2004, the department for work and pensions confirms.

Trustees now have a further five years to act on legal requirements under section 251 of the Pensions Act 2004, the department for work and pensions confirms.

Top-earner pension pots face tax blow; System should still leave plenty of room to save for retirement

UK - The annual allowance will be cut from £255,000 ($408,000) to £50,000; the lifetime allowance reduced from £1.8m to £1.5m, and the factor for valuing final salary benefits increased from 10 to 16, the Treasury has announced.

The Pensions Advisory Service will not be scrapped as part of the government's cost cutting plan.

Middle classes hit again with tax raid on pensions; Setback for Gurkhas in pensions battle with MoD

UK - The Treasury confirmed the annual allowance will be cut from £255,000 to £50,000 and the lifetime allowance reduced from £1.8m to £1.5m.