Some schemes could be paying three times as much as others in annual admin fees for the same service, according to research from Kim Gubler Consulting.
Pensions professionals have backed smaller trustee boards, as PP research suggests most in the industry favour boards with six to nine members.
Pension funds' changing role in UK equity markets has been highlighted in the interim report of the Kay Review.
National Express's defined benefit coach pension plan has moved into surplus after closing its scheme to future accrual.
The Pensions Regulator will keep a particularly watchful eye on multi-employer schemes as part of its strategy for auto-enrolment, it has said.
Cost of police pensions rises 80% over 15 years; FSA warns of £20bn pension transfer bill; Surge in complaints against banks over pension, insurance and mortgage deals
Government spending on police force pensions is "unaffordable" and not "fit for the modern world" a report has claimed.
Half of pre-retirees (46%) would consider retiring to a cheaper country to get better value for money, according to a survey from the National Association of Pension Funds.
GKN has seen its pension deficit more than double over the past 12 months, as a falling discount rate cancelled out gains from a funding partnership and enhanced transfer value exercise.
Professional Pensions is set to publish a Guide to Pensions at the end of March.