PUTTING a contribution cap on personal accounts would discourage people from saving for retirement, a Which? report reveals.

THE GOVERNMENT Actuary's Department has withdrawn all "passports" for the Local Government Pension Scheme with retrospective effect - a move lawyers believe is outside its powers.

GORDON Brown must make pensions a priority when he takes over as prime minister, the National Association of Pension Funds says.

UK - The Pensions Regulator's powers look set to be tested after the Kohlberg Kravis Roberts-led takeover of Alliance Boots was backed by shareholders but without any agreement on filling the fund's deficit.

Asset management firm GAM is to launch its first income strategy using quantitative screening.

GERMANY - HSBC Trinkaus has designed and launched an investment vehicle aimed at giving German pension funds greater flexibility to invest in hedge funds.

Campaign group Work Wise UK has launched a quality mark for firms which introduce smarter working practices.

PERSONAL accounts will lead to pensions apartheid and a general leveling-down of pension contributions, a major survey by the Association of Consulting Actuaries reveals.

Offering staff access to private dental care is becoming an increasingly attractive employee benefit as NHS provision is harder to find, Kudos claims.

BANKNOTE printer De La Rue is keeping its final salary scheme open after members agreed a groundbreaking deal to shoulder future mortality risk.