US - Master trusts returned 20.12% from July 2010 to June 2011, their best one-year performance since 1986, research by Wilshire shows.
Schemes up to £150m facing wind-up are increasingly appointing sole trustees because of difficulties finding member-nominated trustees, Independent Trustee Services says.
The Pensions Regulator must become "more engaged, more relevant and responsive" in its dealing with employers sponsoring defined contribution schemes, JLT Benefit Solutions says.