UK - More than nine-tenths of senior industry figures expect "unsustainable" defined benefit schemes to continue to close to existing members because of cost pressures on sponsoring employers, latest Penrose Financial research revealed.

Warning over retirement age raise; Long-only struggles for survival; Pension veteran predicts the return of DB schemes

More than nine-tenths of senior industry figures expect "unsustainable" defined benefit schemes to continue to close to existing members because of cost pressures on sponsoring employers, latest Penrose Financial research reveals.

The trustees of the East of England Co-operative Society's two defined benefit pension schemes - worth a total of £78m - have appointed SEI to provide an integrated fiduciary management strategy.

UK - Barclays could modify its plans to close its final salary scheme to future accruals in a bid to address the concerns of thousands of workers.

Barclays could modify its plans to close its final salary scheme to future accruals in a bid to address the concerns of thousands of workers.

Barclays responds to pension scheme protests; Taking the shine off pensions

UK - ITV is consulting over changes to its scheme - including capping the growth of pensionable salary - in a bid to reduce its pension scheme deficit of £538m (US$905.4m).

Faltering pension sales squeeze Standard Life's profits by 35%; Axa warns of pension pay cuts

ITV is consulting over changes to its scheme - including capping the growth of pensionable salary - in a bid to reduce its pension scheme deficit of £538m.