Personal accounts will complement and not replace existing provision, Tim Jones says.
Balfour Beatty has announced plans to make further cuts to benefits paid under its defined benefit pension scheme in a bid to reduce its deficit.
FTSE100 firms are set to spend more on pension payments for past employees than current staff for the first time over the next year, KPMG research reveals.
UK/US - The Bank of New York Mellon will acquire Insight Investment Management from Lloyds Banking Group for £235m (US$387.2m) and aims to make the UK-focused firm a more international player.
Scottish Widows Investment Partnership will see its assets grow by £42bn following a strategic review of the asset management businesses of Lloyds Banking Group.
Advisers and members must beware of "hidden kickbacks" and "double charging" in some self-invested and self-administered schemes, Talbot & Muir warns
Interserve is set to close its defined benefit scheme to future accrual for all non-passport members from the end of this year.
Hymans Robertson has appointed Helen McArthur as head of communication and engagement.
The aggregate funding position - total assets minus total liabilities - of defined benefit schemes improved by over £40bn over the last month, the Pension Protection Fund says.