RPMI is to taking over the administration of the House of Commons Parliamentary Contributory Pension Fund.

UK - Just under half of UK companies would consider terminating their pensions plan if proposals from the Accounting Standards Board (ASB) are adopted, according to professional services firm Towers Perrin.

CANADA - The proposed merger between the Montréal Exchange (MX) and the Toronto Stock Exchange (TSX) to create the TMX Group has been supported by the Caisse de dépôt et placement du Québec, the CAN$143.5bn (US$143.9bn) Québec pension fund manager.

US - The number of US companies using communication vehicles to encourage employees to take advantage of benefits programs has more than doubled since 2003.

Trustees have created a surge in demand for buyout advice as part of risk management plans, Lane Clark & Peacock says.

Scheme wind-up victim campaigners are "astonished" ministers are considering an appeal following another verdict against them.

UK - The Pension Protection Fund (PPF) is considering changing valuation assumptions for pension schemes, to bring them in line with pricing in the buyout market.

Companies have become so obsessed with distancing themselves from their pension scheme they risk damaging shareholder relations, a lawyer warns.

The California Public Employees' Retirement System has unveiled two customer service enhancements for its members.

Nearly half of FTSE100 companies with defined benefit pensions changed their mortality assumptions last year, research by Watson Wyatt shows.