It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.
This week's top stories included HSBC's scheme completing a £7bn longevity swap with PICA and the government announcing it would review the tapered allowance for NHS scheme members.
The government and regulators should not wait for the industry to "fail to act voluntarily" to provide value for money in pensions, the Work and Pensions Committee (WPC) says.
The Pensions Regulator (TPR) almost issued a warning notice against one of the firms involved in the Railways Pension Scheme (RPS) as sections of the scheme were placed on watch in 2016.
Work and Pensions Committee (WPC) chairman Frank Field has written to The Pensions Regulator (TPR) over its influence on the Universities Superannuation Scheme's (USS) 2017 valuation.
Cases such as The Pensions Regulator's (TPR) recent negotiations with Arcadia are at the top of the watchdog's agenda, its chief executive has told MPs.
Arcadia has postponed votes on its seven company voluntary arrangement (CVA) proposals in order to "conduct further dialogue with a few landlords" in a bid to save the business from collapse.
Sir Philip Green has agreed with The Pensions Regulator (TPR) to plunge an additional £25m into Arcadia's pension funds, paving the way for a restructure of his empire.
Sir Philip Green's restructuring proposals for his retail giant Arcadia will not "adequately protect" its pension schemes' members, The Pensions Regulator (TPR) has said.
MPs have written to The Pensions Regulator (TPR) about its engagement with the Railways Pension Scheme (RPS) amid concerns over the scheme's future funding.
The Work and Pensions Committee (WPC) has criticised Arcadia's proposals to halve the deficit recovery contributions of its pension schemes as part of a company restructure.
The story of BHS is one of both outrage and happy endings. James Phillips speaks to trustee chairman Chris Martin and his advisers about the scheme's endgame journey
Parliament's Work and Pensions Committee has launched an inquiry into contingent charging on defined benefit (DB) pension transfer advice.
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
Work and Pensions Committee (WPC) chairman Frank Field has pressed The Pensions Regulator (TPR) to promptly announce if it will take any action on Johnston Press.
A pensions bill expected next year must include law to require schemes to collect, publish and analyse cost transparency data from their asset managers, MPs have been told.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).
The WPC's cost and transparency inquiry reveals it is impossible to know exactly how much consumers and trustees are paying in charges. Victoria Ticha takes a closer look
Asset managers' failure to provide clear transaction costs incurred in pension funds leaves savers "deeply depressed", Frank Field says.
The Work and Pensions Committee (WPC) has launched an inquiry to ask whether the pensions industry provides "sufficient transparency" of charges, strategy and performance to savers.
This week's top stories included coverage of the Competition and Markets Authority's provisional decision following its investigation of investment consulting and fiduciary management.
Respondents were almost evenly split in this week's Pensions Buzz on whether the Competition and Markets Authority's (CMA) remedies for the investment consultant and fiduciary management markets go far enough.
Henry Tapper says CDC makes sense as a means of solving one of the most intractable of economic problems but this 'new order of things' is getting a bad reception
Collective defined contribution (CDC) schemes are the "best means" for achieving the right balance between collective benefit security and individual freedom and choice, the Work and Pensions Committee (WPC) says.