UK - The department for work and pensions has reappointed Mercer Human Resource Consulting European partner Wendy Beaver to the Occupational Pensions Regulatory Authority's board.
Beaver’s reappointment – along with Aegon director of corporate development Laurie Edmans – to the five-strong OPRA board will be effective from April 1.
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.