The investment consultant and fiduciary management market "may not be working well for pension schemes which are not engaged", the Competition and Markets Authority (CMA) has said.

Last week's top stories included ITM completing a management buyout backed by private equity, and the regulator publishing its corporate plan for the next three years.

Xafinity Punter Southall has appointed Simeon Willis as its inaugural chief investment officer (CIO) as it seeks to strengthen its investment offering.

The Pensions Regulator has suffered what some critics call an 'annus horribilis'. James Phillips looks at how the watchdog has responded in its latest corporate plan.

Shadow work and pensions secretary Debbie Abrahams has been sacked from the shadow cabinet following an investigation into alleged bullying.

Former Financial Conduct Authority (FCA) life insurance and financial advice director Linda Woodall has been appointed to Aegon's independent governance committee (IGC).

The Department for Work and Pensions (DWP) expects to consult on trustees' legal duties to consider environmental, social and governance (ESG) risks from next month.

A convicted fraudster has been jailed after scamming tens of thousands of pounds from almost 800 victims in a complex pension fraud operation, a South Wales police force has said.

House of Fraser is in talks with The Pensions Regulator (TPR) around the future funding of its defined benefit (DB) scheme as it seeks to restructure the business.

The Pensions Regulator (TPR) has warned it will seize assets from employers who fail to pay fines relating to their schemes in a further strengthening of its enforcement activity.