Her Majesty's Revenue and Customs will bring 1,300 pay-as-you-earn scheme operators into its real time information project by September.

F&C has unveiled two annuity-matching funds for defined contribution schemes, run by its liability driven investment team.

The Department for Work and Pensions has clarified the way in which consultants are allowed to charge for setting up group personal pensions for auto-enrolment.

Aviva's exit from the large-scale UK bulk purchase annuity market due to disappointing returns will not affect competition, Aon Hewitt says.

The industry has urged the National Association of Pension Funds to take care when designing its "pounds and pence" charging code to avoid too much focus on low charges.

The Pensions Research Accountants Group has presented awards to three schemes on the strength of their summary reports to members.

Some of the UK's top firms have been forced to up their longevity increase assumptions after underestimating the rate at which their scheme members' life expectancy is improving, Hymans Robertson said.

Banks should be subject to the same level of scrutiny as the trustees of pension funds, a consultancy says.

Over a third of employers said that they were unclear about their staging date for auto-enrolment, according to HR consultants Aon Hewitt.

The Equitable Life payment scheme has made payments to 288,823 policyholders, totalling at more than £277m, since its launch in June 2011.