The Pensions Regulator has gone out to tender for at least five specialist consultants to assist with its new services framework.

Costs of the John Lewis defined benefit pension scheme increased by £8m last year denting company profits, its interim results show.

The government has clarified Local Government Pension Scheme ill-health regulations after scheme managers raised concerns over the number of possible appeals.

Rpmi has made two appointments to strengthen its investment team.

Equity market falls of 4pc on Monday increased total UK pension deficits by £13bn, PricewaterhouseCoopers estimates.

The South Yorkshire Pension Fund has appointed Prudential as an additional voluntary contribution provider.

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CANADA - Company pension plans are still in deficit, as sponsors continue to take investment and interest rate risk with portfolios, according to Mercer.

NETHERLANDS - Dutch employers could stop providing defined benefit (DB) pension provision, if proposals from the International Accounting Standards Board (IASB) are implemented, the Dutch Federation of Pension Funds has warned.

US - Equifax has announced it is to freeze its defined benefit (DB) scheme as of 1 January 2009, in a move that will affect over half of its US workforce.