Pension funds have criticised the Office of Fair Tradings September report on defined contribution, saying some of its recommendations did not go far enough.

As well as providing actuarial advice to the Rwandan Social Security Board (RSSB), the staff at the Government Actuary's Department (GAD) have recently donated clothing to the University Central Hospital of Kigali and to an orphanage in Burundi.
The children at the orphanage study for UK GSCEs at the King's School, Burundi, and about a quarter go on to study A-levels. This is particularly impressive given that English is not widely spoken in Burundi.
The initiative came from RSSB actuary Laura Llewellyn-Jones (pictured with staff from the hospital), who asked Dermot Grenham and Joanne McDaid from GAD if they could bring an extra suitcase or two of clothes donated by GAD staff on their next trip. Having seen the poverty in Rwanda, and knowing about the situation in Burundi, they were very happy to help out.
For details of the King's School please visit: bit.ly/1atrEHU
For details of the Burundi project, see bit.ly/19QLqvV