Legislation

Equitable Life policyholders will have to wait until the middle of next year for compensation, which could be as little as £400m.

Laura Blows finds out how CRC energy efficiency regulations for corporate bodies will affect scheme trustees, and looks at the likely financial impact of the rules on property investments

Local government employers are facing a backlog of legal claims and mounting costs following confirmation that equal pay settlements are pensionable.

Employers must start preparing for the major pension tax regime changes due to be implemented in April 2011, Hewitt Associates says.

GERMANY - Larger German local authorities must tender occupational pension services, the European Court of Justice (ECJ) has ruled

AUSTRALIA - Australia's savings could grow by another billion dollars a year with the use of better back-office administration, former corporate regulator Jeremy Cooper has said.

US - The US Senate has approved the largest overhaul of financial regulation since the Great Depression, aimed at averting a repeat of the recent credit crisis.

UK - Today's auction of inflation-linked British bonds garnered the lowest demand since October 2008 as analysts said the government's planned changes to pension indexing created uncertainty for fund managers.

Majority of schemes polled claimed deferred members would be hit by move

Spanish prime minister Jose Luis Rodriguez Zapatero said his country must overhaul its pension system, including raising the retirement age and changing the way payments are calculated.