Five stories you may have missed this week
This week's top stories included coverage of the ongoing Universities Superannuation Scheme (USS) saga, where members rejected a negotiated deal between their union and the employers.
Also, Prudential sold its £12bn annuity book to Rothesay Life, and Philip Hammond's Spring Statement was devoid of any direct pensions measures.
Finally, auto-enrolment contributions could eat up 21% of average disposable income from next April, and the defined benefit transfer debate could "come to a head" when stock markets fall.
1) USS epic continues after UCU rejects proposed reforms
Strike action is set to continue at universities across the country after the University and College Union rejected a negotiated deal to reform the Universities Superannuation Scheme.
2) Prudential sells £12bn annuity book to Rothesay Life
Prudential has sold £12bn in annuity assets to reinsurance business Rothesay Life as part of its M&G demerger announced on 14 March.
3) Spring Statement empty but economic projects good news for contributions
Philip Hammond's financial update was empty of any direct pensions impacts as the chancellor sought to trim down the fiscal statement.
4) AE contributions to eat a fifth of disposable income from 2019
The rise in auto-enrolment contributions over the next 13 months will have a "severe impact" on the average worker's disposable income, according to independent analysis.
5) DB transfer debate to ‘come to a head' when stock markets fall
The debate around defined benefit pension transfers will "come to a head when the stock markets fall", according to a panel of retirement specialists.
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