NAPF

MPs have questioned the role of the National Employment Savings Trust (NEST) since other master trust pension schemes have entered the market.

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".

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 new chair of the National Association of Pension Funds (NAPF) has called for a new breed of pensions called super trusts.

The National Association of Pension Funds (NAPF) will publish a list of pension legislation it thinks should be scrapped in the new year.

The government is set to take action over companies offering cash incentives to leave defined benefit (DB) pension schemes.

Pension funds are developing a code of conduct around charging transparency which will see customers told "in pounds and pence" how much of their savings are lost in management charges.

Lord Hutton has said the Labour administration's pension reform package did not go far enough and may have "made matters worse".

The coalition is considering postponing auto-enrolment, according to former Chancellor Alistair Darling, who said a delay of a year or more probably means the reforms will be abandoned.

A financial adviser has launched a pension scheme to directly compete with the government-backed, and taxpayer funded, National Employment Savings Trust (NEST).