United Kingdom

UK - The Court of Appeal has found the government did mislead at least 125,000 people about the safety of their pensions, in a ruling this morning.

UK - The BT pension scheme liabilities will grow to almost £46bn (€61.4bn) and be pushed into a £7.6bn deficit if suggested changes to UK accounting standards are implemented, according to research by independent consultant John Ralfe on behalf of RBC...

UK - Sea Containers Limited (SCL) has withdrawn its appeal to the Pension Regulator Tribunal against a June 2007 Determinations Panel decision to issue two Financial Support Directions (FSD) on the company.

UK/US - JPMorgan has been chosen to provide currency hedging for two major pension funds either side of the Atlantic.

UK - Lane Clark & Peacock (LCP) has called on private companies and charities to take part in the government consultation on the Local Government Pension Scheme (LGPS).

UK - Almost three quarters of company pension fund trustees would be concerned if their sponsor was taken over by a private equity firm, according to Aon consulting.

UK - Threadneedle has agreed to acquire Invesco Perpetual's defined contribution (DC) business for £470m (US$929m).

UK - Watson Wyatt has welcomed the Pensions Regulator's (TPR) guidance on contract based pension engagement, but warned plan providers could do more to improve members' benefits.

The National Association of Pension Funds (NAPF) has secured Lord Eddie George, former Governor of the Bank of England, as a keynote speaker at its 2008 Investment Conference.

UK - Pension schemes could have halved the degree of daily volatility experienced in January and ended the month in surplus by opting for investments such as diversified growth funds, according to Aon.