The value of employees defined contribution (DC) pensions have plummeted by 157 billion over the last year, according to Aon Consulting.

The state pension retirement age could end up higher than 68, according to the chairman of The Pensions Regulator David Norgrove.

More than 12,000 graduates applied to join the NHS graduate management training scheme in September 2009 marking an 83% increase on last year's applications.