The pensions industry needs to simplify and modernise its language if it is to restore the public's faith in retirement savings, a new study claims.

A petition by over-50s financial services firm Saga calling for the restoration of scheme wind-up victims' pensions has been signed by over 7000 people.

Schemes and sponsors should not fool themselves that accounting standard FRS17 gives a true value of liabilities, actuaries warn.

FIRMS should give employees who smoke help to kick the habit when the government's smoking ban comes into force later this year, a health advisory group says.

PENSION scheme deficits in the FTSE350 companies dropped by nearly a third in 2006, research by Mercer HR Consulting shows.

US - (CalSTRS) has admitted its SRI policy requires an "extreme makeover" and needs to move to a "newer global UN standard".

EMPLOYERS are being urged to support workers who suffer from seasonal affective disorder.

Nominations for the Pensions Personality of the Year award will close on Wednesday, January 24.

UK - The Port of London Authority Pension Fund (PLAPF) has hired AXA Investment Managers for a £250m fixed income mandate.

Supermarket giant Tesco has sold 16 stores to the British Airways Pension Fund in a £445m leaseback deal.