The Ministry of Housing, Communities and Local Government (MHCLG) must outline the McCloud regulations for the Local Government Pension Scheme (LGPS) in England and Wales urgently to ensure scheme administrators are not overwhelmed, Aon says.

While mortality rates are not as high as in the first wave of the coronavirus pandemic, they are higher than any November for the last decade, the Continuous Mortality Investigation (CMI) says.

Pension Insurance Corporation (PIC) has completed an £80m debt investment in a refinancing exercise that will deliver 600 new social affordable homes in the North East.

LGPS Central has selected BMO Asset Management and Western Asset Management Company as external co-managers for its multi-asset credit fund.

The government must publish a timetable for its next automatic enrolment (AE) review as employees quit pension saving in the wake of the coronavirus pandemic, the Association of Consulting Actuaries (ACA) says.

The number of savers using information or guidance services such as Pension Wise is barely higher than three years ago despite efforts to promote the benefits, the Financial Conduct Authority (FCA) says.

This week’s top stories included Capita’s sale of its employee benefits business, while research from the Association of Consulting Actuaries found little support among employers for multiple pensions dashboards.

More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.

Pensions schemes with sponsors facing severe economic difficulties due to Covid-19 must prepare for the lifting of temporary protections from corporate insolvency at the end of the year, Aon says.

More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.