News

The Office of Fair Trading (OFT) has appointed leading figures from the pension industry to the board that will oversee the audit of defined contribution (DC) legacy schemes.

Towers Watson has promoted Chris Ford, former head of investment for Europe, Middle East and Africa (EMEA), to global head of investment.

Almost a quarter (24%) of ineligible employees would like to be auto-enrolled (AE) into a workplace pension, according to the Chartered Institute of Personnel and Development (CIPD).

The Health and Work Service should be mandatory and include sanctions for employers who do not cooperate with it, the Organisation for Economic Cooperation and Development (OECD) recommends.

UBS has placed greater emphasis on its pension risk management business by segmenting it from asset management to become a separate department, a spokesman has said.

Labour has vowed to push through a pension charge cap and make using an annuity broker mandatory should it win the next general election.

The Financial Conduct Authority (FCA) will make no changes to its existing rules on transition management (TM).

The Institute of Chartered Accountants Staff Pensions Fund has secured a medically underwritten buy-in to cover its highest value pensioner members.

Musculoskeletal and mental health conditions account for more than half of long-term absence

This week Pensions Buzz looks at women in pensions. Find out if the industry thinks there are enough women on trustee boards, and whether quotas are needed.