Significant rises in price levels are needed to stop negative inflation being used to calculate pension increases, Watson Wyatt calculates.

Legal & General has cut its final dividend by 50% to 2.05p per share, after it reported a operating loss of £189m.

US- The US Treasury Department has unveiled details of its public-private partnership investment program - including a legacy loans programme which involves pension plans.

US - Retirement security could be reduced by last minute regulation from the Bush administration, witnesses at a House of Representatives subcommittee hearing claimed.

US - Western Asset Management has axed some 100 jobs, or 10% of its workforce.

Tax and mend: how to get pensions working again; Nortel pension fund deficit rocks state lifeboat; Pension funds urge M&S to restrict Sir Stuart Rose's power

P-Solve Asset Solutions has hired Jeff Neate and Keira-Marie Ramnath to its investment advice team.

People who have registered for enhanced protection could find it invalidated by 2012 auto-enrolment regulations and face "penal" charges, First Actuarial says.

Mellon Transition Management (MTM) has appointed Tim Wilkinson and his team of transition management professionals in a major expansion of its business.

NETHERLANDS - ABP has announced its chairman, Elco Brinkman, is to step down after eight years in the role.