The Next Pension Scheme targets member engagement at the mature end of the retirement savings process, its independent chairman says.

Natasha Browne looks at responses to the FCA’s guidance guarantee consultation

Defined benefit (DB) pension scheme trustees must challenge consultants on how to make the most of their position as long-term investors, according to Hermes Fund Managers.

Trustees are not responsible for defined contribution (DC) members' retirement outcomes, according to the independent chairman of the Next Pension Scheme.

Natasha Browne says member-nominated trustees should continue to play a role

What does the future hold for the trust-based governance model?

The HSBC Pension Scheme has moved £1.8m of its defined contribution (DC) assets that had previously been managed in-house onto Fidelity's investment platform.

On Friday, we reported the multi-billion dollar Teachers Retirement System of Texas (TRS) had withdrawn its allocation to hedge funds. Professional Pensions was wrong - TRS has slightly reduced its allocation not withdrawn it.

Gregg McClymont has reiterated Labour's commitment to scrutinizing how the newly-liberated pensions system will work for savers after a leftist think-tank called on the party to scrap the cash option.

Yorkshire Water is already seeing the impact of the removal of the default retirement age on its older workers.