The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has voiced “deep concerns” about a big proposed rise in a DWP pension scheme levy which could hit SSAS providers and other small pension scheme in the pocket.

After a review launched earlier this year the DWP has concluded that The Pensions Regulator is “broadly well-run and well-regarded” but has set out a series of recommendations to improve the regulator.

Helen Dean is to step down as CEO of the UK’s largest pension scheme, the government-backed Nest, which focuses on auto-enrolment.

Pension schemes and trustees - including NEST - could get new responsibilities to offer decumulation options to members at retirement.