Britain's top 200 pension schemes have an aggregate surplus for the first time since accounting standard FRS17 was introduced in June 2001, research shows.

TRUSTEES of the Dubery pension fund are to appeal a landmark age discrimination ruling in the Court of Appeal, PP has learned.

High Street retailer Marks & Spencer has lost data about changes to employees' pension benefits.

THE PENSION Protection Fund has confirmed its decision not to include investment strategy as a separate risk factor in the risk based levy.

THE government has launched an informal consultation exercise on transitional protections following the abolition of the so-called rule of 85 last year.

FIRMS are increasingly looking at alternatives to cash funding as deficits move into surpluses, PricewaterhouseCoopers says.

TRUSTEES of the Dubery pension fund are to appeal a landmark age discrimination ruling in the Court of Appeal, PP has learned.

ITALY - An Italian pension scheme covering pilots and airline technicians has launched a search for a financial institution to offer life annuities products for its members.

NETHERLANDS - Joep Schouten, chairman of the board of directors at Cordares, has resigned to " start a new phase" in his life.

UK - In an attempt to kick start the defined benefit (DB) buyout market Paternoster has urged trustee boards to buy now while rising bond yields force prices down.