United Kingdom

UK - The pensions industry needs a single, standard basis for calculating debt, according to Hazell Carr Pensions Consulting.

UK - The NAPF is setting up a special forum for its money purchase scheme members after admitting they had been neglected in the past.

UK - The greatest deterrent to growth in personal pensions take-up is the complexity of the tax regime, according to Hewitt Bacon & Woodrow.

UK - Ronny Munster has been appointed chief operations officer at JPMorgan FundsHub.

UK - Schemes investing in HSBC are being urged to vote against its executive remuneration report at its annual meeting.

UK - FRS17 is dividing the actuarial profession, senior industry figures claim.

UK/EU - New EU legislation will give defined benefit members the right to know what they would get if their scheme wound-up, Mercer claims.

UK - The NAPF aims to launch its first multi-employer scheme this autumn.

UK - Pension schemes are becoming more aligned to flexible benefit programmes because of the migration to DC arrangements, a leading consultant argued.

UK - Pointon York Sipp Solutions has published a guide to self-invested personal pensions for IFAs and their clients.