The Pension Regulator's revised trustee knowledge and understanding code of practice has come into effect, setting a minimum standard to help schemes run effectively.

Construction company Costain has closed its £450m DB scheme to future accrual.

UK - Ofcom has published a consultation on how it accounts for BT's pension costs when setting regulated wholesale charges for telecommunications services.

The Arup UK pension scheme has appointed rpmi to provide it with administration services following a tender process.

Ofcom has published a consultation on how it accounts for BT's pension costs when setting regulated wholesale charges for telecommunications services.

The Pensions Regulator has issued revised internal controls guidance for consultation, as part of a campaign to improve scheme governance and administration standards.

UK - The Information Commissioner's Office has ruled Verity Trustees, the independent trustees for The Pensions Trust, breached the Data Protection Act when unencrypted personal data of 110,000 scheme members was stolen from its software provider.

The Information Commissioner's Office has ruled Verity Trustees breached the Data Protection Act when unencrypted personal data of 110,000 scheme members was stolen from its software provider.

EMERGING MARKETS - Fundamentally weighted indices perform better in emerging markets than capitalisation weighted indices, according to Research Affiliates chief investment officer Jason Hsu.

UK - Low governance levels among companies could lead to the next financial crisis, Treasury financial services secretary Paul Myners says.