SAINSBURY'S pension fund trustees are in a weak position to negotiate with the supermarket giant's prospective buyers, consultant Punter Southall warns.

BALANCED pooled funds saw median returns of 3.7pc over the three months to the end of June, BNY Mellon Asset Servicing's latest CAPS figures reveal.

CHEMICALS multi-national ICI has agreed to pump an extra £175m into its UK pension fund as a result of increased longevity.

More than 800 candidates have entered the Pensions Management Institute 2007 associateship examinations.

Employees are likely to get better investment choice under a contract-based defined contribution scheme than one run by trustees, Truestone Employee Benefits claims.

WORKERS and employers are at loggerheads over the value of siestas, a survey by employment law adviser Peninsula claims.

Around a third of Britain's largest 200 pension schemes remain in surplus despite market falls last week, research by Aon Consulting reveals.

Firms providing occupational defined contribution schemes have an "underwhelming" response rate to queries, Watson Wyatt has revealed.

More than 120,000 pensioners were sold the wrong annuity last year, a provider claims.

Resolution has dismissed claims by minority shareholder Pearl Assurance that the proposed merger with Friends Provident is poor value.