UK - The FSA has proposed the introduction of a new category of non-retail schemes for institutional and expert investors only.
The schemes will be subject to lighter product regulation than retail schemes because investors in them have greater expertise and experience than most retail investors.
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.