THE PENSION Protection Fund has appointed five fund managers to help increase its assets to £5bn over the next two years.

PENSIONS firms are failing to prepare for business disruption despite recording a "dramatic increase" in the level of upheaval, research by the Chartered Management Institute reveals.

UK - Unions and age charities have voiced their opposition to the Department of Work and Pensions' (DWP) proposal to limit annual contributions to personal pension savings.

Insurers attack new pensions scheme; PPF opts for managers; Buy-outs lay legal pitfalls for trustees; Call to overhaul pension relations

UK - Ed Balls, economics secretary to the treasury, has been accused of taking advantage of pension funds after he promised more long-dated gilts to the UK pensions industry.

Anger mounts over timetable of pensions review; Pension funds urged to consider more class actions; Government to fight court pensions ruling; Don't undermine workplace pensions, government warned; Balls says gilts "skew" to continue; Atkins shuts scheme...

SMOKERS quitting the habit will cost defined benefit pension schemes £20bn, research by PricewaterhouseCoopers reveals.

US - Oklahoma's Teachers' Retirement Fund (TRS) is causing the state its biggest fiscal issue to date, according to commentators.

GOVERNMENT will continue to skew bond issuance towards long-dated conventional and index-linked bonds, economic secretary Ed Balls revealed.

TRUSTEES must do more to protect members who are offered cash inducements to leave schemes, The Pensions Advisory Service says.