United Kingdom

UK - Government moves which allow trustees to delay scheme valuations should be welcomed but need clarification, First Actuarial has warned.

UK - The majority of UK companies that have closed final salary pensions to new entrants have now also closed them to senior executives, according to new research.

UK - The government has set up a consultation group to look at proposed reforms to the Local Government Pension Scheme.

UK - The government must stop its £5bn a year raid on occupational schemes if it wants to revive the system, employers warn.

UK - Shell Pensions Management managing director Giles Craven and M&G Investments chief executive Michael McLintock will advise Paul Myners on reforms to investors' pre-emption rights.

UK - People are retiring earlier despite fears over the £27bn pensions savings gap, new research by Aon Consulting shows.

UK - Attempts to close the £27bn a year pension savings gap could cause "irreparable damage" to the economy, a government adviser warns.

UK - Britain faces a monumental financial and social catastrophe unless the government and individuals take action to plug the pensions gap, a bank chief warns.

UK - Mobile communications giant 02 is giving employees a voluntary benefits package with discounts of up to 70% on goods and services.

UK - First-year calls on the Pension Protection Fund will be four times greater than subsequent years, inaugural chairman Lawrence Churchill predicts.