The shift to CPI indexation could cut scheme liabilities by 3% but may not result in a one-off profit windfall for firms, an accounting task force has proposed.

Many trustees who require consent from HMRC and Inland Revenue to amend scheme rules are overlooking regulation to remove that requirement, a lawyer warns.

Public sector workers will see scheme contributions increase by an average of three percentage points under Spending Review proposals to be phased in from April 2012.

UK - The state pension age will reach 66 by 2020, as part of the Spending Review.

Uniq and the pension scheme trustees have come up with a revised funding agreement that could see 90% of the company's equity handed to the trustees.

Principal Global Investors has launched an actively managed currency fund for institutional investors.

Alexander Forbes Consultants & Actuaries has entered the implemented consulting market targeting defined benefit schemes of all sizes.

UK - Scheme funding positions were affected by as much as £50bn ($79bn) in Q3 due to the movement and volatility of long-term gilt yields, Pension Insurance Corporation says.

Scheme funding positions were affected by as much as £50bn in Q3 due to the movement and volatility of long-term gilt yields, Pension Insurance Corporation says.

The EMI Group has narrowly avoided a hearing before The Pensions Regulator's determinations panel after agreeing a £197m funding deal with the scheme trustee.