This week's top stories include regulations which could see master trusts paying up to £67,000 for authorisation and the University of Warwick's vice-chancellor attacking Universities Superannuation Scheme closure plans.
The Pensions Regulator will authorise and supervise defined contribution master trusts under a planned regime which will "strike the right balance" between member security and scheme burdens.
Closing the Universities Superannuation Scheme to future accrual would have "serious consequences" and alternative approaches should be explored, the University of Warwick's vice-chancellor has said.
A typical defined benefit pension fund could cut costs by around a third per year by centralising and standardising their investment, administration and trading functions, according to the Asset Management Exchange.
Transport operator FirstGroup has consolidated its pension scheme assets within the Local Government Pension Scheme in what is believed to be the first move of its kind.
The Work and Pensions Select Committee has launched an inquiry into the merits of collective defined contribution pension schemes, and the potential role they could play in saving for retirement.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.