Pensions Buzz

A slim majority said the claim that the average 30 year old should save £824 a month to have a comfortable retirement was "about right".

Just over half this week's respondents shared the Office of Fair Trading's (OFT) concern over the use of so-called active member discounts (AMDs).

Find out what the industry thinks about this week's most pressing issues

Respondents were split over whether defined ambition (DA) should be used for public sector pensions.Some 36% believe it would be perfect for the public sector and the same percentage believing it is "a silly idea".

Three quarters of participants were unimpressed by the government's apparently fractured approach to pensions policy.

Around two thirds of participants believed, based on their own experience, that schemes are managing their cash flow well.

Two thirds of participants were dismayed at the government's decision to keep the NEST restrictions in place until 2017 rather than removing them now.

The thorny issue of tax relief - how much, given to whom, and when - once again raised its head in this week's Buzz. As ever with questions about tax, the opinion was divided. Almost half of respondents said a single 30% would not increase saving, although...

This week respondents explain why contract-based schemes need an extra layer of governance, dispute the link between asset management fees and performance, and say the industry should stop moaning about pot follows member.

Just three out of ten contributors said trustees always performed the necessary due diligence before signing anything off, although two thirds said this was the case always or most of the time.