Seven industry bodies have written to Steve Webb strongly criticising the government's proposals on Guaranteed Minimum Pension equalisation and calling for equalisation guidance put forward in January to be scrapped.

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IMF warns of £750bn pensions time bomb; NAPF 'concerned' about Barclays chief Bob Diamond's £17.7m pay package

More than eight in ten pension funds take one month or longer to make investment decisions, according to a survey carried out by Schroders.

Confusing and contradictory communications could deter millions of part-time workers from saving into a pension under auto-enrolment, warns a consultant.

The wider significance of the Danks v Qinetiq case

Fidelity has launched a range of default lifestyle funds that combine active asset allocation with passive investment instruments.

UBS and Nomura have followed Credit Suisse in pulling out of the longevity swap market, citing capital requirements and regulatory changes, PP understands.

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The industry has supported Steve Webb's promotion of ‘defined aspiration' occupational pensions which encourage risk sharing, but warned the government will have to make significant legislative changes to make it work.