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The latest FCA statement on the new capital adequacy rules strengthens the view that commercial property is, in most cases, a standard asset, a pensions expert says.

The FCA has published what it called ‘minor changes’ to its new capital adequacy rules this afternoon – with one expert saying the original proposals had been ‘watered down’.

A premier league of five to seven major providers will own about 90% of DC workplace pension scheme assets by 2020, industry experts have forecast.

Sipp inflows for January to September increased by nearly £3bn compared to the same period last year, according to data which covers 90% of the UK’s leading life and pensions companies.

Nearly two out of three people currently employed expect to have to work beyond 65 and 11% are anticipating they will be working beyond 76 or will never retire.

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