CLAIMS that taxpayers will have to pick up the bill for the £10bn shortfall in public sector pensions have been dismissed by the Treasury.

NETHERLANDS - Aegon has increased its value of new business (VNB) in the first quarter by 77% to £39m according to its Q1 results.

THE pensions industry should use the introduction of personal accounts to provide better and more effective options for people, consultant Towers Perrin Tillinghast says.

TRUSTEES at EDF Energy are considering adopting a liability-driven investment strategy, Professional Pensions has learned.

MSCI Barra is to launch a global family of Islamic indices designed to reflect Sharia investment principles.

Regional office fund

TRUSTEES run unnecessary risks with members' pensions if they fail to review an employer's covenant or business plans regularly, an advisory service warns.

RCM and Royal London Asset Management have won combined mandates of £300m from the London Borough of Ealing.

THE LONDON Pensions Fund Authority will continue its push for better corporate governance at BP in the wake of chief executive Lord Browne's shock resignation.

Journalists at the Carlisle News & Star and Cumberland News are considering industrial action over the closure of their final salary pension scheme.