Approaches to defined contribution default funds vary widely across Europe, according to research from the European Insurance and Occupational Pensions Authority (EIOPA).

The bulk annuity market in 2012 was dominated by three big players, who hoovered up more than three quarters all new business according to research from Aon Hewitt.

The Environment Agency Pension Fund has appointed Dawn Turner as head of environmental finance and pension fund management.

The Department for Work and Pensions has been criticised over its plan to ban short service refunds before putting in place an automatic transfer system.

Buyers will have to inform trustees of their intentions for target companies' defined benefit schemes when bidding to take over a business from next month.

The proportion of schemes' UK corporate portfolio invested in equities has fallen to just a quarter, according to figures from the Office for National Statistics.

Jack Jones looks at the innovative use of chese as a scheme asset

The Institute and Faculty of Actuaries (IFoA) has named Nick Salter as its next president-elect.

Pensions Buzz is a weekly survey of the industry. This week trustees and professionals react to the latest delay to GMP equalisation, and question whether the younger generation really is ready to save more.

A quarter of respondents thought the Department of Work and Pensions proposals to allow defined benefit schemes to self-certify for auto-enrolment would be unworkable, while a third disagreed.