Trustees must ask providers difficult questions over possible conflicts of interest when selecting a fiduciary manager, according to Aon Hewitt.

The UK Coal pension scheme has entered the Pension Protection Fund (PPF) as part of a deal to save its sponsoring employer from insolvency.

Citi has secured a £1.5bn buyout for its EMI Group Pension Fund in the biggest bulk annuity deal concluded in the UK so far.

The biggest buyouts and buy-ins so far

Pension fund have increased allocations to alternatives over the last year and now have more than $1.3trn (£870m) invested with the biggest alternative asset managers, says Towers Watson.

The average annual pension contribution received by executives of FTSE100 companies has risen from £225,000 to £242,000 since 2011, according to research from LCP.

The three biggest bulk annuity insurers accounted for more than 90% of new business written in the six months to April according to research from Aon Hewitt.

The European Insurance and Occupational Pensions Authority (EIOPA) has confirmed the significant impact imposing a stringent solvency regime on European pension schemes would have.

This week respondents reject the idea of a tariff system for the industry, support claims employers are pairing back investment to fund schemes and say administrators should not charge extra to spot fraud.

The Kenwood Pension Scheme has secured a buy-in with Legal & General using a deferred premium to spread payment over several years.