Industry

Barnett Waddingham has bought Origen's small self-administered scheme (SSAS) business.

Consultant Aon Hewitt has responded to the Department for Work and Pensions' (DWP) consultation on auto-enrolment (AE) simplification with its top five improvements.

Auto-enrolment is the biggest challenge employers and the pensions industry face today.

This week respondents support the ban on consultancy charging, endorse elected member-nominated trustees, and are equivocal on the benefits of collective defined contribution.

The majority of this week's respondents thought elected member-nominated trustees was the best way to constitute a board. Just over a quarter said that appointing member-nominated directors was a better a process.

Two thirds of Buzz contributors rejected claims that the ban on consultancy charging was putting the success of auto-enrolment at risk. The Association of British Insurers (ABI) had claimed the measured threatened to derail the flagship policy.

Schemes attending the Pensions and Benefits Show 2013 have combined assets in excess of £350bn and representatives from 28 of the top 50 UK funds have already confirmed their attendance.

Guests at the UK Pensions Awards raised nearly £11,000 for a charity providing school-based emotional and mental health services.

This week respondents air doubts about DB-lite, back calls to give TPR more powers, and are unconcerned about the regulator's use of secondees.

Aviva has posted its weakest quarter for new business in 15 months for its UK life and pensions arm, as restructuring continues at the insurance giant.