Pension providers need to tackle rampant ‘pension apathy’ by allowing savers to have a greater say in how their investment is used to tackle issues of concern such as climate change, Aviva says.

The number of defined benefit (DB) schemes open to new members of future accrual fell again over the past year, continuing the long-term trend to scheme closure and wind-up, latest data from The Pensions Regulator (TPR) reveals.

Less than half (45%) of trustees and pension scheme administrators say their schemes have accurate accrued pension amounts available digitally for all members, according to PP research.

Government-backed auto-enrolment provider Nest has partnered with Octopus Renewables in a bid to increase investment in clean energy infrastructure.

This week’s top stories included the launch of the Institutional Investors Group on Climate Change’s Net Zero Investment Framework, while Pension Insurance Corporation extended its administration contact with Capita Pensions.

The increase in financial scams during the last 12 months has promoted calls from all corners of the pensions industry for better support for savers.

Over 300 professional trustees have now applied for accreditation through the Association of Professional Pension Trustees (APPT) programme.

The number of deaths registered in England and Wales in week 8 of 2021 was 8% more than expected compared with 47% more the week prior, according to the Continuous Mortality Investigation (CMI).

The Institutional Investors Group on Climate Change (IIGCC) has officially debuted its Net Zero Investment Framework (NZIF) after a series of road tests.