EUROPE - UCITS funds posted a net inflow of €22bn (US$30.6bn) for the first quarter of 2009 after six consecutive quarters of outflows, data by the European Fund and Asset Management Association (EFAMA) reveals.

Workers over 50 fear their retirement incomes will be "decimated" by the recession and that they may be forced out of work due to their age, research by Help the Aged and Age Concern reveals.

UK - The Confederation of British Industries (CBI) has called for an eight point action plan to be implemented in a bid to protect struggling firms from being damaged further by defined benefit pension schemes.

UK businesses have a "severe competitive disadvantage" compared with those in Europe due to weaknesses in the private and state pensions system, an Aon Consultants report reveals.

The recession is causing many companies to carefully consider employee reward strategies, a report by Thomsons Online Benefits shows.

A firm dedicated to switching legacy assets, from products such as traditional pension schemes, to wrap platforms is to launch next month.

Mitchells & Butlers will introduce a salary cap of 2% to its defined benefit pension scheme in a bid to curtail increasing liabilities, its interim results reveal.

Sandy Crombie named as RBS senior director; Pensions Cap; Gurkha veterans told they can settle in Britain; British Airways makes worst ever loss

Complaints to The Pensions Advisory Service have shot up 10% in the past year with many people suffering financial loss due to annuity transfer delays.

British Airways has told investors additional increases in its pension deficit could affect its ability to raise additional funds.