Annual scheme disclosure in company accounts should be replaced with more frequent, internet-based reports, PricewaterhouseCoopers says.

US/UK - US pension plan managers take a more aggressive investment approach to equities than their UK counterparts, while pension plans have a markedly higher impact on UK companies, Aon Consulting has found.

SCHEMES should oppose efforts by French tycoon Vincent Bolloré to appoint two non-executive directors to the board of market research and media group Aegis, governance watchdogs say.

PENSION PROTECTION FUND revision of the levy setting process for the 2007/08 will leave companies and pension schemes unable to budget properly, Aon Consulting warns.

EUROPE/ASIA - Joachim Mies has left Dresdner Kleinwort to take up the position of COO for asset management in EMEA at Credit Suisse.

US - The Pension Benefit Guaranty Corporation (PBGC) saw its deficit fall US$4.7bn to $18.1bn in fiscal year 2006 thanks to the airline relief provisions in the new pensions bill, but the agency's outlays continue to skyrocket.

TRUSTEES must look at cutting benefits rather than investing in alternative assets if they are to overcome rising longevity, delegates to the Professional Pensions Show heard.

BA increases pension deficit offer to £800m; L&G signal £1bn of return to investors; L&G signal £1bn of return to investors

US - The California Public Employees' Retirement System (CalPERS) has appointed Theodore Eliopoulos as senior investment officer for the fund's US$16bn real estate portfolio.

F&C ASSET MANAGEMENT has appointed VICKI BAKHSHI as associate director in its governance and socially responsible (GSRI) team.