Liz Airey has been appointed non-executive chairwoman of the Rolls-Royce UK Pension Fund, as Paul Spencer is set to retire at the end of December after nine years.

Employees on low wages should be allowed to share in the benefits of a salary exchange for pensions, according to Royal London and Radcliffe & Co.

Nearly three-quarters (74%) of asset owners include diversity in their annual report, according to New Financial.

Pensioners retiring in 2022 will receive £9bn a year more from their private pensions and annuities than those retiring this year, an Experian analysis reveals.

The risk profiles of many default defined contribution (DC) master trusts need an overhaul as they are mishandling risk, according to Hymans Robertson.

The UK economy beat forecasts to grow by 0.4% in Q3, according to the latest figures from the Office for National Statistics (ONS), further increasing the likelihood of a Bank of England interest rate rise next Thursday.

Almost half (47%) of employers say defined benefit (DB) transfer requests exceed 5% of scheme members, an Association of Consulting Actuaries (ACA) study has found.

Origo has appointed Aviva head of proposition Anthony Rafferty to succeed Paul Pettitt as managing director from 1 March 2018.

Communications consultancy Quietroom has developed a simplified statutory money purchase illustration (SMPI) in a bid to engage members with their pension savings.

Schemes must develop improved engagement and investment strategies to cope with the dramatic change in defined contribution (DC), industry experts say.