MPs should be given the chance to vote on compensation for pension scheme wind-up victims, parliament heard.

Firms put their reputations at risk if they fail to curb inflated pension pots for departing directors, experts warn.

THE GOVERNMENT has unveiled its plans for a system of personal accounts to automatically enrol up to 10 million workers in a pension scheme.

AUSTRALIA - Don Luke, the CEO of A$10bn Sunsuper is to leave the fund next year, having spent 10 years in the role. The fund said he would leave "mid next year... to pursue his passion for community service".

New pension plan 'will lead to mis-selling crisis'; Lloyds TSB to net £125m from anti-age discrimination laws; Lloyds TSB says Widows is not for sale; Prudential looks at alternative to entire UK life sale

MEXICO - Mexican pension fund administrators (Afores) have agreed to publish a twice-yearly report giving a break down of their asset allocation and the benchmark indices used.

CHINA - Following alleged misappropriation of billions of yuan within the Shanghai social security fund, the Industrial and Commercial Bank of China (ICBC) has stepped in as a settlement agency for the fund.

GOVERNMENT proposals to introduce a system of personal accounts by 2012 have received a mixed reaction, Professional Pensions can reveal.

DEFAQTO has launched a free guide to multi-manager investment targeted at financial advisers.

BONDS face "bright prospects" for 2007 while equities will suffer, F&C Asset Management predicts.