Legislation

UK - Pension sharing orders are only being made in a tiny minority of divorce settlements, consulting actuary Hazell Carr Collins claims.

UK - Angry pensioners will take British Airways scheme trustees to the ombudsman unless deed rules on the distribution of surplus are scrapped.

UK - Pension fund liabilities under FRS17 have soared by over 7% over the last month as yields on long-term bonds have plummeted.

UK - OPRA should be given greater powers and fewer constraints in order to enable it to operate more efficiently, says Buck Consultants.

UK - Compulsory membership of occupational schemes will drive up costs to members in the long-term, a Watson Wyatt consultant warns.

UK - The Department for Work and Pensions' (DWP) plans to make a third of all trustees member-nominated have been scrapped in light of the Pickering Report.

UK - Pensions ombudsman David Laverick has refuted a deferred pensioner's claim that under human rights law he is not an "impartial judge".

UK - Companies are not applying for minimum funding requirement extensions because OPRA demands are too stringent, consultants claim.

UK - Consignia's £15.7bn pension schemes have a £2bn deficit against an FRS17 surplus of £72m in March, a City analyst estimates.

UK - Insolvent schemes in wind-up can use a hidden procedure in contracting-out rules to get members reinstated into the State Second Pension, a lawyer claims.