Many UK workers are facing a significant shortfall in their retirement incomes as a result of the global economic downturn in 2008 according to research from HSBC.

The Pension Policy Institute (PPI) has called on defined contribution (DC) providers to develop default retirement options after research found savers were daunted by the choices on offer from April.

Top stories on PP this week included news on pot follows member, Steve Webb slamming complacent providers, and warnings of mis-selling after April. Here's what you might have missed.

The European Commission (EC) has appointed Aon Hewitt to set up a multi-employer defined contribution (DC) scheme for researchers across 31 countries.

Former TPR boss Tony Hobman says DC changes should not distract from DB challenges

The Pension Research Accountants Group (Prag) has revised its guidance for trustees on financial reporting in pension schemes to bring it into line with updated financial reporting standards.

What would Oscar Wilde think about the direction of pensions policy?

Legal and General (L&G) director of mergers and acquisitions and strategy Wadham Downing is to step down from his role at the end of the year.

The Pensions Regulator (TPR) has issued a warning notice to Guinness Peat Group in an attempt to force it to pay more money into the Coats Pension Plan.

Rothesay Life has hedged the longevity risk relating to £1bn of its pension liabilities in a series of deals with Pacific Life Re.