Including: JAPAN - DC plans go mobile; UK - SEI appoints institutional client service director
Japanese defined contribution (DC) plan members will be able to use cell phones to alter their individual plan investments from next month. In Japan, cell phones are more widely used than computers to access the internet.
Over 2.6m Japanese workers have joined DC plans since they were first launched seven
UK - SEI appoints institutional client service director
Lucy Cooke has been appointed as a client service director on the UK Institutional Team at SEI, reporting to Nigel Down, European head of institutional client service.
Prior to joining SEI, Lucy was senior relationship manager at Northern Trust.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers