THE SWITCH to international financial reporting standards has revealed banks face "significant financial risks" from their pension liabilities, Standard & Poor's says.

PROVIDERS are under increasing pressure to add Islam-friendly funds to corporate defined contribution plans, experts claim.

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

BRITISH AIRWAYS has reached an outline agreement with trustees over a recovery plan to fund a £2.1bn deficit in the New Airways Pension Scheme.

FINANCIAL advice can improve annual pension income by £3000 a year, an experiment by Axa reveals.

Look to South America to diversify global equity portfolios, Aberdeen Asset Management says.

NETHERLANDS - The €74.4bn PGGM has confirmed it will split its asset management and administration from the pension fund itself, and will decide "in coming months" whether to form a separate co-operative.

SCHEME demand for well-run hedge funds has slashed the number of new funds being set up, PIMCO believes.

Cash is more important than job satisfaction and is the key to attracting the right people, research shows.

ERNST & YOUNG is building up a new actuarial pensions practice in a bid to expand its offering to schemes, PP can reveal.