Some 250 ex-employees of IBM are taking legal action against the company they claim "forced" them into early retirement to avoid taking massively reduced pension benefits.

Rise in spending on defined benefit pensions

US - Current accounting standards in the US have discouraged the use of de-risking strategies among corporate pension funds, Mercer says.

FTSE100 companies' median liabilities jumped about 20% last year due to changes in accounting assumptions, Mercer research reveals.

Asset managers say OTC fees will hit savers; Major final salary pension funds see deficits fall by a quarter; Hidden fees cut value of pensions by half; Britain's pension fees 50pc higher than US

Mouchel has launched a new benefits programme for its 4,500 employees in conjunction with Thomsons Online Benefits.

The £16bn Barclays UK Pension Fund has added to its in-house investment team with the appointment of Stergios Saloustros as head of dynamic asset allocation.

‘Job blockers' will thwart aspirations of the young says bosses; Employers hit back over retirement age; BT narrows pensions gap as its Global Services division bounces back; BT to fight Ofcom over pension costs

UK - British Telecom is to challenge Ofcom's decision not to take into account its scheme deficit when setting its regulated charges.

British Telecom is to challenge Ofcom's decision not to take into account its scheme deficit when setting its regulated charges.