Organisations representing employers, consumers, workers and the elderly have joined the National Association of Pension Funds (NAPF) in urging the government to rethink its commitment to pot follows member.

GKN has seen the deficit in its UK schemes more than double after amending an asset-backed contribution structure (ABC) to address concerns raised by the Financial Reporting Council (FRC).

Defined benefit (DB) schemes in the UK pay considerably more to offload liabilities to an insurer than schemes in other countries, according to research from Mercer.

This week, Buzz respondents were adamant that investment consultants should be regulated.

Opinion was split on the impact of the end of short service refunds for member costs.

Four out of five respondents said investment consultants should be fully regulated, while just over one in 10 said there was no call for this.

The people who make up the pensions industry are a breed apart, according to Buzz respondents.

Half of Buzz respondents feel consultants have a duty to promote stewardship, while three out of 10 contributors said this fell outside their remit.

Australia and the Netherlands are the countries the UK should look to for inspiration on pension, provision according to Buzz respondents.

Trustees should explore reshaping benefit structures before entering into a buyout to avoid paying over the odds for inflation hedging, say consultants.