The Pensions Action Group supports Lord McFall's conclusions but said its members had already lived by many of his recommendations and still financially lost out.
The average director of a FTSE100 company has a final salary pension worth £3.6m and paying out £174,963 per year, the High Pay Commission says.
Airwave Solutions, a provider of communications to the emergency services, has received the Pension Quality Mark Plus for its group stakeholder pension plan.
The University of Reading has set up a new defined contribution pension scheme with BlackRock ahead of upcoming auto-enrolment obligations.
US - Bill Gross, Bill Miller and Warren Buffett have clashed over Standard & Poor's downgrade of the US' credit rating.
US pension funds who launched a class action against Wachovia over the purchase of bonds have agreed to a settlement worth $627m.
Royal Bank of Scotland has agreed to pump more than £700m a year into its pension scheme despite posting losses for the year of almost £800m.
Auto-enrolment queries are beginning to mount for The Pensions Advisory Service and now account for up to 3% of monthly calls.
EUROPE - Investors are flocking to safe haven UK government bonds as they seek shelter from turbulent global markets.