Ministers and pension scheme representatives will meet every fortnight over the next three months to plan funding in UK infrastructure.

Nearly 30 pension funds, including Tesco, BUPA and the BBC, have filed claims at the High Court seeking damages from Henderson Global Investors over claims it took too much risk with one its funds.

The Chancellor has confirmed he will unlock £20bn of pension fund assets to invest in private infrastructure in a bid to "overhaul the physical infrastructure of our nation".

The government will allow the Local Government Pension Scheme (LGPS) to ditch Lord Hutton's proposals for a career average scheme and keep the final salary arrangements, a source close to government said.

The Treasury's "reference scheme" is being used as the basis on which a new public sector pension scheme will be designed. We look at what has changed.

The government has offered unions an improved pension accrual rate and more protection for workers approaching retirement in a concession on public sector pension changes.

The National Employment Savings Trust (NEST) has signed up to the United Nations' Principles for Responsible Investing (UN PRI) in a bid to boost long term investing and good corporate governance.

Plans to introduce a code of conduct forcing pension fund management fees to be disclosed to savers in a simple "pounds and pence" format may actually end up costing lower-paid members more, industry figures have warned.

The narrowing gap between CPI and RPI inflation means pensions schemes will save just 60p a week for each scheme member by switching to CPI, KPMG says.

Standard Life has revealed it is working with the National Employment Savings Trust to integrate the scheme into its proposition to clients ahead of auto-enrolment.