UK/DENMARK - Former Conservative pensions spokesman Nigel Waterson has joined Danish pension fund ATP to help it launch an alternative to the National Employment Savings Trust.

Former Conservative pensions spokesman Nigel Waterson has joined Danish pension fund ATP to help it launch an alternative to the National Employment Savings Trust.

An independent commission, spearheaded by former Treasury Select Committee chairman Lord McFall, is to investigate why the UK pensions system is failing.

UK - The Pension Protection Fund will implement its reworked pension protection levy framework from 2012/13, it announced today.

The Pension Protection Fund will implement its reworked pension protection levy framework from 2012/13, it announced today.

The trustees of the £700m Honda Group UK Pension Scheme have insured part of the scheme in a buyout agreement with Pension Insurance Corporation.

UK - BT has announced Paul Spencer will become trustee chairman of the £35bn ($56bn) BT Pension Scheme on 1 March.

BT has announced Paul Spencer will become trustee chairman of the £35bn BT Pension Scheme on 1 March.

Ros Altmann has called for government to act immediately on a legal technicality in the Pensions Act 2004 which could leave members without Pension Protection Fund cover.

A third of employers say abolition of the default retirement age will prompt them to better promote their company pension scheme, Hargreaves Lansdown says.