In a new monthly column , PERSONAL ACCOUNTS DELIVERY AUTHORITY chief executive TIM JONES looks at the latest issues surrounding the scheme and updates the industry on the progress made so far

UK - Deregulatory easements making it easier for final salary schemes to function must be met with employer promises to keep schemes open, pensions minister Angela Eagle said.

Pension deficits to cost more than new contributions; Balfour next to downgrade staff pensions

Key allegations in the GP Noble fraud case have emerged - including the total amount at stake is £52m, court documents reveal.

Deregulatory easements making it easier for final salary schemes to function must be met with employer promises to keep schemes open, Angela Eagle says.

UK - Sales of enhanced annuities rose to £448m (US$739.5m) in the second quarter of this year, bringing the total sales in the first half of 2009 to £891m, Watson Wyatt research revealed.

More independent trustees needed; Interserve shuts pension scheme to more staff; Shares rally reduces deficits in final salary pension schemes; BT pension managers target distressed debt

Sales of enhanced annuities rose to £448m in the second quarter of this year, bringing the total sales in the first half of 2009 to £891m, Watson Wyatt research reveals.

Trustees of the Ibstock Brick Pension Scheme have appointed Buck Consultants as the fund's investment consultants.

Government plans to gradually raise the retirement age to 68 may be increased to 70, David Norgrove predicts.