THE PENSION Protection Fund has admitted further errors in the way benefits are calculated, PP can reveal.

UK - The £59m Swan Hill Pension Scheme has annnounced it has awarded Stenham Advisors a fund of hedge funds (FoHF) mandate worth £10m, or 17% of its assets.

The number of fund mangers offering clients an unconstrained investment approach has doubled in the last two years, Hewitt Associates says.

THE PPF has collected more than £10m in risk-based levy charges in the two weeks since sending invoices out, PP has learned.

THOUSANDS of workers will use up their savings well before they die because they are failing to plan for retirement realistically, warns Fidelity International.

The Association of Corp-orate Trustees has appointed HR Trustees director Graham Withers as chairman of its pensions committee.

Sponsors, trustees and advisers must review all court proceedings and block confidential material being accessed under a "snoopers' charter", lawyers warn. They point out changes to civil procedure rules by the department for constitutional affairs mean...

EUROPE - Pension funds should not be included under Solvency II, and proponents of such a move must recognise that pension funds are different to insurance companies, said Tim Reay, international pensions consultant at Hewitt Associates.

SCHEMES will miss the "window of opportunity" to invest in sought-after infrastructure funds if they do not act now, Hewitt Associates warns.

Mellon makes acquisition