Around half of business owners have no pension savings and most say they cannot afford to save, Prudential research says.

Buck Consultants has added its voice to those calling for minimum auto-enrolment contributions to be increased significantly.

OCR has secured a buyout with Metlife Assurance for its £11m RSA Examinations Board Retirement Benefits Scheme.

The Pensions Management Institute has launched an auto-enrolment qualification.

FTSE350 scheme deficits have remained virtually unchanged since 2002 while FTSE100 longevity assumptions have increased for the sixth year running, Mercer says.

The Welsh Assembly Members' scheme will not be reformed as a defined contribution arrangement due to fears this would dissuade "high quality" candidates standing for election.

Labour leader Ed Miliband has pledged to put a 1% cap on pension fund charges in a bid to reignite his campaign against "rip off" costs, as millions of people enter auto-enrolment.

The pensions industry has welcomed the government's ‘savings revolution' as auto-enrolment begins with its first staging date.

The Financial Reporting Council has published its changes to the UK Corporate Governance Code and Stewardship Code in order to increase accountability and engagement.

Axa Investment Management has urged the Financial Services Authority to strengthen LIBOR standards rather than scrapping the rate altogether and risk damaging pension schemes.