A former pension scheme trustee has been given a 10-month jail term, suspended for 12 months, after admitting using scheme funds to make five prohibited loans to entities connected to the scheme’s sponsoring employer.

A former senior official at the Pensions Regulator has called for members of DB pension schemes to benefit from the same flexibility as those with DC schemes have.

The government has confirmed that, after its latest review, auto-enrolment thresholds will be held at their current levels for the next year.

The Pensions Regulator and the Financial Conduct Authority have issued a joint statement urging the pensions industry to look "beyond narrow compliance" and consider consumer outcomes.