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

On a beautiful sunny day in August, the SIAS 2013 five-a-side tournament took place at Goals Wimbledon. With pitches booked, referees in place and an enthusiastic group of the actuarial community kitted up and ready to go, hopes were high for a successful tournament.
The event was split into group stages and then a knock-out competition. The group stages kicked off at a frenzied pace, with all teams keen to get a good start. Following this, a gulf began to emerge in class, ability and fitness between the different teams - with the author in particular displaying very few of these much-needed characteristics!
The knock-out competition followed after a much-needed rest period. The pace of this competition was notably more pedestrian as the effects of the sun, fatigue and the previous night's escapades came to the fore. That did not, however, detract from the quality of some of the football played.
The four teams making it through to the semi-finals were PSG (Punter Southall), P-Dubz (PwC), Inter Greats (PwC) and RSA. Inter Greats and P-Dubz prevailed in what were hotly contested games, both winning by a single goal.
The all-PWC final saw some skilful football played, with neither team willing to play in a defensive style - pleasing the onlookers. It was a tight game too, but Inter Greats closed out a much deserved 3-2 victory - living up to their team name. Many thanks to all the players and Goals Wimbledon for making the day such a success.