The biggest stories on PP this week include an ombudsman ruling in favour of Standard Life and a PP survey revealing the industry does not think climate change is a financially material risk.

Wendy Mayall who is the former chief investment officer (CIO) of Unilever's pension fund has been made a non-executive director at Phoenix Group.

Three out of ten people are using the pension freedoms to put extra cash in bank accounts due to concerns about the economy, according to Citizens Advice.

Industry does not take climate risk to heart in its investment decisions, PP research reveals.

Asset managers should be held to account on environmental, governance and social (ESG) issues by trustees according to Will Oulton.

It is important not to assume the size of a master trust is an automatic indicator of how well governed it is, according to Duncan Howorth.

The trustee of the Pilkington Superannuation Scheme has entered a £230m buy-in with the Pension Insurance Corporation (PIC).

Industry believes stopping schemes from buying gilts would be a bad idea, PP research finds

A consultation into capping early exit charges for occupational pensions has revealed how "torturous and more opaque" the system is compared to personal pensions.

DWP's consultation on capping exit charges in occupational schemes has closed. Despite agreement on removing barriers to the freedoms, Michael Klimes finds there will be major administration hurdles.