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Many schemes are run by people who lack the expertise and skills for the role according to European Insurance and Occupational Pensions Authority (EIOPA) chairman Gabriel Bernardino.

Which charges in default funds will be capped from April?

Liverpool has been alive with industry figures attending the National Association of Pension Funds (NAPF) annual conference this week, and here are the top ten stories from the event.

The government has published draft regulations to introduce minimum governance standards for workplace pensions and a 0.75% charge cap on default funds.

What schemes have to do and when

Employers are much more optimistic about the pension reforms than their workers, according to Towers Watson retirement practice head Peter Rowles.

Pensions minister Steve Webb has put annuity reform at the top of his wish list should he remain in post after the election.

The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.

Trustees and scheme sponsors have a responsibility to help prevent employees being pulled in by pension scams, according to The Pensions Regulator chairman Mark Boyle.

The National Association of Pension Funds (NAPF) has called for a fundamental rethink of the regulation of trust-based schemes in a bid to improve governance standards.