US - A group of nuns are suing the Boston Archdiocese and their cardinal and have demanded $1.4m out of their pension pot.

Hornbuckle Mitchell has been ordered to pay compensation to the estate of a client after its poor service caused a terminally ill man "distress and inconvenience".

UK - The Organisation for Economic Co-operation and Development (OECD) today recommends the UK government further increases the state pension age (SPA) to combat rising costs.

Members of the University and College Union have arranged five separate strikes over redundancies and cuts to pensions and pay.

The average worker saving into a defined contribution pension will be £10,000 a year worse off in retirement than those saving at the same rate in 2000, Alexander Forbes says.

The Serious Fraud Office has been instructed to release potentially sensitive documents about the downfall of Equitable Life following a Freedom of Information request.

Final salary public sector pensions should be phased out in favour of cheaper career average schemes by 2015, Lord Hutton says.

More than a fifth of IFAs still switch personal pensions for clients despite fears of heavy-handed Financial Services Authority anti-churn measures.

The Treasury says people exceeding the annual allowance on pension savings must meet their tax charges as soon as they arise.

EUROPE - The European Court of Justice ruling on sex discrimination to could lead to a worsening of pension income in retirement.