Legislation

UK - Pensions minister Malcolm Wicks will give an insight into the pensions White Paper at the Pensions Management Institute spring conference on March 11.

Final salary scheme pensions will be up to £24,000 a year more than money purchase payouts under the £1.4m savings limit.

UK - Pension Protection Fund officials will need "psychic powers" to separate deserving firms from unscrupulous claimants, industry experts warn.

UK - Pension scheme deficits which were said to be in excess of £100bn for FTSE100 schemes have now shrunk to under £50bn, riding on "favourable" investment changes, consultants estimate.

UK - A new EU directive could be a death knell for final salary schemes or expose the government and firms to claims from members, experts warn.

UK - Most employees are willing to pay more for defined benefit schemes in the future, a recent survey found.

UK - Schemes have made an 11th hour bid to amend the government's proposed changes to priority order rules.

UK - Credit Suisse First Boston's plans to consolidate its 14 final salary and money purchase schemes will make it vulnerable to discrimination claims, leading lawyers say.

UK - Industry experts were not impressed by Gordon Brown's efforts in his pre-Budget speech to sweeten the pill for his controversial proposals on individual pensions limits.

UK - Companies would retain their final salary schemes if they received tax breaks from the government, new research concludes.