The Investment Management Association has proposed a way fund managers should present a single, clear "pounds and pence" figure for all annual costs in their funds.

Pensions Buzz respondents were sceptical as to whether schemes could benefit from stepping into the role of lending directly to businesses.

The majority of contributors were satisfied that defined contribution investment strategies adequately reflected the differing risks associating with people of different ages. But a third of respondents said there was room for improvement.

Most contributors thought the failure of the Wheels test case would not have a big impact in schemes. The bid to secure tax relief on VAT paid on investment management charges was rejected by the European Courts of Justice earlier this month.

Buzz contributors believe co-operation between government and the industry is the best way to deliver future pensions benefits, although a third think it is down to the industry alone. A jaded one in five thought neither could be trusted, while a mere...

There was no clear preference among contributors as to what the Bank of England's role should be, but the most popular option was to give it a dual mandate to target inflation and employment.

This week contributors reject the idea schemes should lend directly to businesses, give cautious backing to DC investment strategies and shrug off the failure of the Wheels case.

The Pensions Regulator has denied it is forcing trustees to use a gilt-based mechanism to measure liabilities, in the face of calls to be more flexible on valuations.

More than a dozen schemes are undertaking medically underwritten buy-ins with Partnership, after the first two ‘enhanced' buy-ins were completed by the insurer last year.

The government will issue less debt this year but increase the percentage of index-linked gilts it auctions at the expense of short-dated conventional gilts.