POSTAL workers have voted for strike action over the closure of Royal Mail's pension scheme and its 2.5pc pay offer.

NETHERLANDS - Two Dutch pension portfolios have reportedly admitted they are considering investing in run-down industrial estates in the Netherlands.

LESS THAN 20pc of UK schemes are using a liability-driven investment strategy despite it becoming an industry "buzzword", SEI claims.

ORIGEN is hosting a series of employee benefits breakfast seminars this month.

Complex rules which prevented protected rights benefits being transferred into a self-invested personal pension are being scrapped.

Employers with existing schemes will need help when personal accounts are introduced, the National Association of Pension Funds warns.

THE ASSOCIATION of British Insurers has unveiled plans to overhaul its life and pension fund sector definitions.

SMOKERS have benefited most from the steady rise in annuity rates over the past six months, new figures show.

Ministers are under pressure to explain why the new National Insurance contracting-out rebate is lower than the one recommended by the Government Actuary's Department.

US - The California Public Employees' Retirement System (CalPERS) has agreed a property deal with local developer John Saca to acquire his interest in the Towers high rise project.