Investment

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

Aviva UK proposition, strategy and development director Paul Goodwin is leaving the provider as part of the restructure announced last week.

Saving £2.50 every working day instead of spending it on a latte could result in an extra £187,000 in your pension pot.

Think tank The Fabian Society recently argued pension tax breaks should be reviewed for wealthier pensioners. Should better-off pensioners pay tax at a similar rate to younger people on comparative incomes?

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