The government's open market option review is widely expected to suggest the annuity market would work better if all providers followed a voluntary code.

DEMERGER activity could be constrained by pension scheme problems because splitting funds could leave firms liable to section 75 debt payments, a law firm warns.

Around one employee in five does not take any time out during the day, workplace expert Croner says.

Changes schemes are likely to make to their corporate governance processes over the next five years will be tackled at one-day seminar next month.

US - Many hedge funds have been able to generate profits as a result of the decline in the sub-prime mortgages space, according to Hennessee Group LLC, an adviser to hedge fund investors.

London Underground workers have called off strike action after unions claimed a "significant victory" in a dispute over ill-health pensions.

PENSION deficit volatility will continue despite an improving trend in funding levels, Mercer Human Resource Consulting says.

UNION negotiators have warned of industrial action unless staff transferred in the sale of BBC Resources retain final salary pension provision. The warning followed complex discussions on terms and conditions for the 1000 staff.

UK - Northamptonshire County Council pension fund has allocated £200m to overseas equity.

Conservative pensions spokesman Nigel Waterson is backing trustee champion Brian Holden's calls to set up a special taskforce to tackle key trusteeship issues.