The Pension Protection Fund has appointed Capita Hartshead to administer its compensation payments for the next five years.

Public sector pensioners who have been underpaid their benefits due to administrative errors dating back to 1978 will receive full arrears, the government has confirmed.

AllenbridgeEPIC Investment Advisers has appointed former Merchant Navy Officers Pension Fund director of investments Alick Stevenson to its investment panel.

The Chancellor should use the next budget to remove "nonsensical rules" governing pension scheme investment in taxable property, Rowanmoor Pensions says.

National Insurance error pensioners short-changed by £100m; Enforcement of a grey ceiling is grossly unfair; Royal Mail boss attacks TNT for 'poaching'; Pensions 'keen to be lenders'; Trustees must realise a sense of urgency; Work may not be an option...

Buck Consultants is to establish a chairman of trustees discussion forum in Manchester.

UK - Public sector pensioners who have been underpaid their benefits due to administrative errors dating back to 1978 will receive full arrears, the government has confirmed.

FINLAND- Finish pension insurer Etera posted a 17% loss on investments in 2008 down from positive 4.5% the previous year.

UK - The £3.2bn (US$4.4bn) Tyne & Wear Pension Fund has terminated a circa £300m active UK equity brief held by Fidelity Investments, head of pensions Stephen Moore confirmed to MandateWire.

FRANCE/BELGIUM - BNP Paribas has come a step closer to acquiring Fortis Holdings after it reached a deal with the Belgian government that would see it buy Fortis in a cash and shares deal.