Former chief executive of The Pensions Regulator Tony Hobman has been made a board member of PAN Group.

Just one in five schemes has reconciled guaranteed minimum pensions, according to research carried out by Professional Pensions.

Schemes have been warned against expecting a rate rise this year after just one of the Bank of England's (BoE) Monetary Policy Committee (MPC) members voted for an increase this month.

The number of transfer value requests in defined benefit (DB) schemes doubled from January to July this year according to research from Xafinity.

Growing numbers will have to pay for social care in old age

Industry figures have established a group to help trustees understand their responsibilities towards the security of member assets in defined contribution (DC) schemes.

Deficit recovery contributions from employers into the Social Housing Pension Scheme (SHPS) will be boosted by £32m a year to improve the scheme's funding position.

Alison Bostock has been appointed as a client director at Pitmans Trustees (PTL) as the firm expands its presence in London.

The industry believes putting members on the boards of all schemes would improve governance, but says they must be given enough time off and qualifications should be mandatory.

The government has published a 26-point fact sheet outlining the transitional arrangements for people who have been contracted-out in the past.