Investment

Bringing forward the end of pension scheme contracting-out by 12 months was not motivated by the expected £5.5bn bump to government coffers, economic secretary to the Treasury Sajid Javid has said.

Zurich has launched an auto-enrolment default investment fund in conjunction with Schroders after the recent launch of its own defined contribution master trust.

Retirement Planner's round-up of the top pension stories this week.

In this week's quick fire poll we ask: Research from LV= has found advisers believe equity release will be a significant future growth area. Do you agree?

The National Employment Savings Trust (NEST) has hit a landmark of over 100,000 participating members, a step towards its target of at least two million members by the end of staging.

Partnership has hired Richard Willets as director of longevity.

There is no need to have a single regulatory body for workplace pension schemes, according to the Confederation of British Industry (CBI).

The government should ban member-borne consultancy charges on workplace pensions "without delay", MPs on the work and pensions committee have said.

JLT Employee Benefits (JLTEB) has suspended consultancy charging on corporate schemes until the Department of Work and Pensions (DWP) completes its investigation of the practice.

ARMCHAIR CRITIC