Myners' two-tier shares plan under fire; ITV pension deficit woes

BAE Pension deficit soars; Pension plan rethink welcomed; BT pension deficit soars to £5.8bn as profits fall.

More than four-fifths of scheme managers believe there is a need for an independent pensions commission to recommend changes to pension legislation and provide long-term continuity over pensions policy.

The Pension Protection Fund has announced that it will be establishing a group of senior business figures and others to help develop further its proposals for the long-term future of its pension protection levy.

The work and pensions select committee has branded the level of pensioner poverty as "unacceptable" - and urged the government to abolish the default retirement age.

MPs seek end to retire at 65 rule; Institutional investors ready to bypass banks in protest at rights-issue fees; Benefits system has failed poor pensioners

Claims by business groups and opposition politicians that public sector pensions are unaffordable and could produce easy immediate public expenditure savings are all myths, the Trades Union Congress says.

Hewitt Associates is set to move its pension administration teams from Hemel Hempstead to its centres in Epson and Birmingham, PP has learned.

IBM is consulting on plans to close its defined benefit pension schemes to existing members.

It is rare for companies to have any good news with regards to the pension schemes they sponsor.