United Kingdom

UK - Young British workers have a bleak outlook in retirement if current attitudes are maintained, new research by Aon Consulting has found.

UK - The Inland Revenue is appealing to the pensions industry to help resolve electronic service "issues" before paper-based systems are scrapped in April.

UK - Public sector workers from across Britain are expected to take a stand at parliament tomorrow to lobby local members on proposed government changes to their pension schemes.

UK - Major changes on company voting procedures are needed to recognise protest "abstention" votes, Pensions Investment Research Consultants claims.

UK - Scheme benefits and public services will have to be cut unless the government lifts tax and bureaucratic burdens on firms, bosses warn.

UK - More than 95% of UK companies now offer a choice of investment options in their defined contribution (DC) pension plans, up from 70% in 2000, according to new research by Watson Wyatt.

UK - The £800m Suffolk County Council pension fund is tendering for one or more investment managers for specialist active UK equity mandates in the region of £110m.

UK - Government is scrapping limited price indexation for all types of money purchase schemes.

UK - Pensions Bill proposals could force trustees to implement "catastrophic" funding burdens on firms, Society of Pensions Consultants president Robert Birmingham warns.

UK - Schemes and employers have attacked government moves to widen the Pension Protection Fund and virtually make it retrospective.