The expected explosion in transfer requests from defined benefit (DB) to defined contribution (DC) schemes has not materialised according to a number of consultancies in the industry.

The UK pension system has improved over the last year, according to the Melbourne Mercer Global Pensions Index, but could lose ground after retirement restrictions are lifted.

Michael Klimes looks at what must be done to to get the service up and running by April 2015

Equiniti's Sarah Holdstock (pictured) has been appointed head of pensions administration by MyCSP.

Matthew Harrison (pictured) has been appointed managing director by Lincoln Pensions and will take up his post from December.

The Pensions Regulator (TPR) has hired Fred Berry for the newly created role of lead investment consultant.

Madeline Forrester has been appointed to head MFS Investment Management's institutional business in the UK.

Capita Employee Benefits has hired three senior actuaries from Towers Watson as it looks grows its actuarial, investment and defined benefits practice.

Boris Johnson has called for the UK's public sector pension schemes to be pooled into one sovereign wealth fund so money can be invested into Britain's infrastructure.

The National Employment Savings Trust (NEST) will review its investment strategy over concerns outcomes for members in its default fund could be affected by 2014 Budget.