David Norgrove's replacement at The Pensions Regulator will be paid £53,000 less than the outgoing chairman.
The successful candidate will receive a salary of £57,000 for working two days a week. Norgrove - who will stand down from his role on 31 December this year - is currently paid £110,000 for three days...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.