Pensions Buzz respondents believe auto-enrolment is Sir Steve's legacy, but others questioned if he could claim credit for the policy.

Just Retirement and Aliaxis have agreed a £36m medically-underwritten bulk annuity deal in a bid to reduce longevity risk exposure.

Pension Insurance Corporation (PIC) has completed a £90m buy-in deal for the Civil Aviation Authority's (CAA) defined benefit (DB) scheme.

Mayer Brown has appointed Duncan Watson as a senior associate in its pensions investment team as part of plans to grow the business.

The Financial Conduct Authority (FCA) has been urged to consider a broader section of pension costs than simply transaction costs.

Aries Insight has appointed Laura Kerr as a pensions technical consultant in a continued expansion of the team.

Pensions minister Richard Harrington has said the government will work with the Financial Conduct Authority (FCA) to improve transparency of pension costs.

Xafinity has named Steven Scott as the latest addition to its Stirling-based consulting actuary team.

H&C Consulting Actuaries has hired Gary Hatch as a consulting actuary and de-risking specialist.

Companies will need to set aside an extra £10bn every year for the next decade in order to fix the growth in defined benefit (DB) deficits over 2016, according to PwC.