Legislation

UK - Scheme managers have accused the Actuarial Profession of "losing its grip on reality" by suggesting that all members receive copies of actuarial reports.

UK - Consultants have dubbed government proposals that schemes can pay for increased member protection costs through a return to equities as "farcical" and "actuarial mumbo jumbo".

UK - Malcolm Wicks has been appointed as pensions minister in the latest government reshuffle - the sixth since 1997.

UK - The Government has unveiled tough new measures to safeguard members of final salary schemes in case their employers go under.

UK - Ceramics manufacturer Pilkington Tiles is planning to freeze its final salary pension, with some experts fearing the move could indicate the start of a trend among mid-sized firms.

UK - Companies are amending trust deeds in a bid to get around "draconian" wind-up rules, lawyers claim.

UK/US - Plans for a compulsory central insurance fund to protect final salary scheme members could be unveiled in the next few weeks, IPN's sister publication, Professional Pensions, can reveal.

UK/US - Plans for a compulsory central insurance fund to protect final salary scheme members could be unveiled in the next few weeks, IPN's sister publication, Professional Pensions, can reveal.

UK - Statutory money purchase illustrations will shock and confuse members, while driving up scheme costs experts claim.

UK - Workers are being confused by over-inflated pension projections when they join a money-purchase scheme, Aon Consulting claims.