United Kingdom

UK - Industry hopes of scheme-specific funding requirements appear to have been dashed, industry experts fear.

UK - If the government hoped the Bill would simplify the regulatory landscape it has failed spectacularly, consultants claim.

UK - The British Chamber of Commerce fears the Bill is a "missed opportunity" - and may hasten DB closures.

UK - Simplification Report author Alan Pickering has criticised the government for including "too much detail" in the Bill and building on problems created by the 1995 Act.

UK - Capping compensation for high earners under the Pensions Protection Fund could breach the Human Rights Act, lawyers warn.

UK - Labour bachbenchers and unions are calling for changes to the Bill to compensate workers who have lost their pension savings when their firms failed.

UK - Setting a flat rate levy for the Pensions Protection Fund will trigger more final salary scheme closures, employers warn.

UK - Trustees are urging the department for work and pensions to correct an anomaly in legislation which could force scheme members to pay back benefits.

UK - Mercer Human Resource Consulting is urging the government to outline the cap for potential compensation under the Pensions Protection Fund.

UK - Claims on the Pensions Protection Fund should only be sanctioned when all other avenues to meet liabilities have been exhausted, IFA Momentum Financial Services says.