The National Employment Savings Trust has cut its allocation to conventional gilts across all 47 of its retirement date funds.

The government's proposals for the single-tier state pension will be scrutinised by the work and pensions committee over the coming weeks.

Children's charity Barnardo's has announced it will close its defined benefit scheme ahead of auto-enrolment.

Pension Insurance Corporation has signed a second £30m bulk annuity deal with the Cookson Group Pension Plan, following its first buy-in in 2012.

The implementation of the single-tier state pension will cost the Exchequer £265m, according to official figures released today.

Aegon has withdrawn its offer to pay 50% of contributions for employers for their first three months of using its auto-enrolment hub due to an "exceptional market reaction".

The industry has welcomed an Office of Fair Trading probe into defined contribution schemes' value for money as the charges debate rolls on.

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