Government said it has a ‘lack of confidence in Capita’s ability’

Government proposes ‘sunset’ clause to include time limit on the power

Zedra says schemes can be exposed without robust governance in place

Amendment in lieu raised on the issue as ‘ping pong’ process continues

UKSIF poll finds under a quarter think LGPS funds should prioritise investment in the UK

Douglas will take on the role from 1 July for a five-year term

The bill will next return to the Commons for further consideration of amendments

Aon poll finds some favour topping up DC pots and others prefer providing cash lump sums

Deal is the first external buyout Utmost has completed since entering the market in 2024

The Lords will now consider amendments made to the bill by the House of Commons