Financial Services Authority chief executive Hector Sants will step down in the summer after three years in the role.
Trustees of the EMI Group Pension Fund and Maltby Capital - the owner of EMI Music and EMI Music Publishing - have called in The Pensions Regulator to help resolve a dispute over funding and strategy.
US - US regulators seem to have softened their stance on placement agents who are hired by investment managers to win contracts from public pension funds.
More than half of pension managers believe the development of shared risk schemes - such as collective DC - would have benefited the occupational pensions industry if implemented.
US - Treasury Secretary Timothy Geithner showed support for pension funding relief at a House Ways and Means Committee hearing yesterday. The news comes as Mercer reports a 400% increase in company contributions for 2010.
A former trustee has questioned The Pensions Regulator's powers when it comes to enforcing contribution orders against foreign parent companies.
UK - A former trustee has questioned The Pensions Regulator's powers when it comes to enforcing contribution orders against foreign parent companies.
The Pensions Regulator will take enforcement action against trustees who fail to keep scheme data up to scratch.
US - The US Department of Labor (DOL) and the Treasury are requesting feedback on the implications of integrating a lifetime annuity arrangement into defined contribution plans.
UK - The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.