WORKERS aged 40 today who leave work in their 60s will be seen as taking "early retirement", pensions minister John Hutton has told an influential think-tank.

Chief Financial Ombudsman, Walter Merricks has been awarded a CBE in the Queen's Birthday Honours.

UK - Transport for London (TFL) has called the ballot for strike action over the TFL pension fund "extremely premature".

UK - The Pensions Regulator (TPR) has been commended for the announcement that it will issue its first Financial Support Direction to the Sea Containers Ltd (SCL).

NETHERLANDS - JPMorgan Worldwide Securities Services (WSS) has set its sights on the Netherlands pensions market by expanding its presence in Amsterdam.

UK - Barclays Global Investors (BGI) was dropped from two mandates by the Clwyd Pension Fund.

Sea Containers faces having to pay £91m pension fund shortfall; Big hedge funds look at a code of practice; God's work is an expensive enterprise; Forget the dream of retiring early if you are 40

THE PENSIONS REGULATOR has published determination notices indicating the intention to issue its first financial support direction to Sea Containers.

TRUSTEES of the Boots Pension Scheme have finally thrashed out an agreement on funding and security with the company's new private equity owners Kohlberg Kravis Roberts.

US - The California Public Employees' Retirement System (CalPERS) has doubled its allocations to corporate governance and hedge funds, each from $5bn to more than $10bn.