United Kingdom

UK- Encouraging people to retire later through higher state pensions will have minimal impact, new research shows.

UK - Proposed changes to share option accounting rules will trim up to 5% from the earnings of FTSE100 companies, Lane, Clark & Peacock warns.

UK - The Inland Revenue's "openness" on tax simplification will boost confidence across the pensions industry, Pensions Management Institute president Roger Cobley believes.

UK - Wrap accounts will administer some £150bn worth of UK assets in five years, new research shows.

UK - Jardine Lloyd Thompson is reducing benefits for members of its final salary pension scheme after reporting a £157m FRS17 deficit.

UK - Small schemes take up too much time and money for fund managers to service economically, Barclays Global Investors has admitted.

UK - Bedlam Asset Management is planning an aggressive new business campaign in a bid to double its assets under management.

UK - The £1.5bn Kent County Council Superannuation Fund will save an estimated £80,000 per annum after adopting a new pension software system.

UK - Increased pension costs were partly blamed for a 32% drop in profits at confectionery giant Cadbury Schweppes.

UK - Pension scheme deficits at Britain's top 100 firms could be wiped out by the end of the year, a report by Aon Consulting claims.