Pension cold-callers will face tougher sanctions from today as a long-awaited ban poses fines of up to £500,000 for "callous crooks" attempting to scam savers.

Defined benefit (DB) schemes fell back into deficit on aggregate over December as gilt yields and asset returns fell, the Pension Protection Fund (PPF) says.

The Department for Work and Pensions (DWP) has amended draft no-deal Brexit regulations to remove a provision which would have made scheme investments illegal.

The Whitbread Group Pension Fund has been handed a one-off contribution of £380m following Whitbread's sale of Costa to The Coca-Cola Company.

The Universities Superannuation Scheme (USS) saw its deficit fall by £3.9bn on a technical provisions basis over a one-year period, its latest valuation reveals.

The Pensions Advisory Service, Pension Wise and the Money Advice Service have now been merged to form the Single Financial Guidance Body (SFBG) after months of preparation.

A ban on employers leaving an industry-wide plumbing pension scheme has been extended for six months in a bid to protect the covenant.

Defined benefit (DB) schemes saw their aggregated deficit more than double over December, ending 2018 with a funding level of 93.5%, says JLT Employee Benefits.

Paul McGlone sets out what he believes will be the biggest themes for pensions in the New Year.

This week's top stories included The Pensions Regulator announcing its next chief executive, as well as the details of a joint fraud operation with the police.