UK - The Lords have criticised the government over the increasing size and complexity of the Pensions Bill.
Lord Higgins of the Conservatives said a large number of amendments had been tabled to the legislation but no details were yet known.
At least 100 sets of statutory instruments will be added to the Pensions Bill before it receives Royal Assent.
Details of many initiatives - including the calculation of the Pension Protection Fund and Financial Assistance Scheme - will not be revealed until spring or summer of next year in regulations.
Pensions minister Baroness Hollis said: “My latest information is that there are likely to be at least 100 sets of statutory instruments on which officials have been working over the summer. As and when I can bring your Lordships information about that, I shall be happy to do so.”
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.