Legislation

Trustees and sponsors must take steps to amend scheme rules ahead of the introduction of the upper accrual limit on April 6, a lawyer says.

UK - Employees will need to be provided with basic pension scheme information within seven days of starting work from 2012, the government says.

Forced retirement at 65 can be justified under European law only if it is a "proportionate" means of achieving a legitimate employment policy, European judges have ruled.

The department for work and pension hopes to relax section 75 employer debt regulations later in this year, pensions minister Rosie Winterton says.

EUROPE - Forced retirement at 65 can be justified under European law only if it is a "proportionate" means of achieving a legitimate employment policy, European judges have ruled.

UK - Falling markets have left some investments in defined contribution schemes worth less than the cash contributions made into them, PricewaterhouseCoopers says.

UK - The funding position of RBS Group's pension scheme fell by £2.3bn during 2008, company results reveal.

SCHEMES will not have to increase pensions during a deflationary period but payments cannot be reduced to reflect lower cost of living, Lovells warns.

THE search is under way for the Pensions Personality of the Year - and once again we are asking you, our readers, to decide the final shortlist.

EUROPE - British Telecom could have to pay the Pension Protection Fund £16.6m (US$23.9m) after its partial exemption from levies was declared illegal by the European Commission.