The collective defined contribution (CDC) model has been challenged as a contender for British pension funds as Dutch CDC vehicles have been forced to cut benefits.
Aon Hewitt has appointed Karen McWilliam as head of its public sector benefits consultancy.
The move to ban consultancy charging is "less dramatic than it sounds" as most of the charges that can end up with the employer's adviser remain unaffected, according to a consultant.
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The government will be given the power to ban incentivised transfer exercises under the Pensions Bill published today.
Using statutory override to change scheme terms at the end of contracting out will be limited to offsetting employers' National Insurance bills, the government has clarified in the Pensions Bill.
The government has set out the exact phrasing of The Pensions Regulator's new employer growth objective.
The government has closed a loophole in legislation which could have allowed employers with hybrid schemes to inappropriately postpone auto-enrolment.
The government has banned consultancy charging in auto-enrolment schemes and will propose a cap on default fund charges in a forthcoming consultation.