SCHEMES should be allowed more flexibility to deal with increases on accrued pension promises, GKN global reward director David Birtwistle told delegates.

TRUSTEES must move away from traditional investment models to manage scheme deficits successfully, delegates were told.

INSTITUTIONAL Shareholder Services has launched a global sustainability risk reports database in a bid to help schemes and other investors analyse sustainability related risks.

ADVISERS must not overlook the benefits of trustee investment plans, Winterthur life says.

THE PENSION Service is suspending the provision of state pension forecasts in order to update its IT systems to reflect changes in the Pensions Bill.

Private equity opposition

PENSION schemes should take more responsibility for defined contribution investment strategy, Scottish Life calls

STAFF at Standard Life picketed the firm's annual general meeting over changes to their final salary pension scheme.

US - The New York City Employees' Retirement System (NYCERS) and F&C Investments have co-filed a shareholder proposal during Wal-Mart's annual general meeting, over concerns about its treatment of employees.

THE GOVERNMENT Actuary's Department has withdrawn all "passports" for the Local Government Pension Scheme with retrospective effect - a move lawyers believe is outside its powers.