FALLS in global share markets have continued into their second week - turbulence that has wiped billions from scheme asset valuations.

SOUTH KOREA - The government wants to force new job seekers to work five years longer before they can retire as part of a new policy package.

Pension income has slumped since 1997; HBOS confident of wiping out pension deficit by 2015; Lite at the end of the final salary tunnel; Candover poised to back Jupiter management buyout

INDIVIDUAL pension business at Winterthur Life more than doubled in 2006 to £1.59bn, latest company figures reveal.

HSBC Holdings plans to make contributions of $1.23bn (£630m) into its defined benefit pension schemes in 2007, the company has announced in its annual report and accounts.

US - Proxy advisors Institutional Shareholders Services (ISS) has supported a proposal that would give large investors in Hewlett Packard more say over who sat on the board and also increase board accountability.

A FAIRPENSIONS campaign to halt legal action by pharmaceutical firm Novartis against the Indian government has received "unprecedented" backing from pension schemes.

ASPEN Annuities has launched an online annuity calculator in a bid to help trustees and pension scheme administrators find the best rates quickly.

UK - Pension funds worth an estimated £1.7trn have been contacted by members supporting a campaign to stop a pharmaceutical company blocking poor counties' access to affordable medicines.

UK - Lloyds TSB has appointed Hewitt Associates to provide consulting advice on risk and governance for its pension schemes.