David Norgrove's replacement at The Pensions Regulator will be paid £53,000 less than the outgoing chairman.
The government should take responsibility for the Royal Mail's £8bn pension deficit, Richard Hooper says.
As the Treasury consultation on removing the requirement to annuitise by age 75 closes, the pensions industry has warned the proposals will only benefit "those who need them the least".
The government plans to save money by distributing National Insurance numbers via a letter rather than a plastic card, as part of its drive to reduce the deficit.
Retirement solutions should have the flexibility to provide both decent pensions and meet long-term care costs if necessary, the Association of Consulting Actuaries says.
Nicolas Sarkozy says there is "no question" of anyone "distorting" his pension reforms after more than a million people took to the streets in protest.
Over 80% of IFAs have predicted annuity rates will drop over the next five years, according to a survey from MGM Advantage.
Real SIPPs offer investors greater opportunities and investment choice
John Moret, marketing director for Suffolk Life, has warned pension providers with cumbersome legacy issues they may fail to cope with the raft of legislative changes over the coming year and face challenges from new players.
The myths and the facts surrounding annuities as an investment model