Round up - June 30

Pensions threatened as Britons fail to save

The Telegraph

The average worker will have to survive on a pension of just £12,000 if they carry on saving at the current rate, according the annual Scottish Widows Pensions Report.

It estimated that people are putting just 8.7pc of their annual income into savings.

Brown blamed over plummeting pensions

Daily Express

Gordon Brown has been blamed for a lack of confidence in the pensions system after new research showed half of Britons are failing to save enough for their retirement, according to a YouGov survey.

Five new funds for China's pensions

Financial Times

China's $70bn (£35bn) National Council for Social Security Fund is launching five new externally managed funds in a bid to improve returns abroad for the country's pension and sovereign wealth funds.