Legislation

UK - Scheme wind-ups are facing costly delays because the department for work and pensions is focusing resources on the Pensions Bill, lawyers claim.

UK - Consultants are urging the government to exclude money purchase schemes from any prescription arising out of the Myners Report.

UK - The department for work and pensions' review of how schemes are complying with key principles in the report by former Gartmore chief Paul Myners shows:

UK - Federal Mogul's refusal to plug its UK scheme's deficit shows the government is powerless to stop foreign firms walking away from pension obligations, experts claim.

UK - Impending legislation is "scaring off" employees from becoming trustees of their pension schemes, Mellon Financial claims.

UK - Scheme members could be forced to share up to half of their future pension entitlements with spouses they have divorced, lawyers warn.The warning follows the Appeal Court battle between Arsenal footballer Ray Parlour and his former wife, Karen.

UK - Pension initiatives could be disrupted by Chancellor Gordon Brown decision to axe 40,000 jobs in the department for work and pensions, a leading consultant warns.

UK - The government's £400m compensation package will fall far short of restoring the pensions of 65,000 workers who lost savings when their firms collapsed.

UK - The Pension Commission is delaying publication of its first report into the industry to prevent it being embroiled in party politics.

UK - Scheme deficits will increasingly make or break mergers and acquisitions, lawyers warn.