United Kingdom

UK - The Universities Superannuation Scheme board of trustees has approved employers' proposals for fundamental reform of its benefit structure.

UK - Communications watchdog Ofcom has ruled out changes to British Telecom's wholesale charging structure, despite the telecoms giant's £9bn (US$13.9bn) scheme deficit.

UK - The Pensions Regulator suspended more than 100 defined contribution scheme trustees in the past year, its annual report and accounts revealed.

UK - The Pensions Regulator's determinations panel will decide in September whether or not to issue a rare financial support direction for Lehman Brothers Holdings forcing it to fund the legacy UK pension scheme.

UK - Unions have given the BBC until tomorrow to abandon its "pensions robbery" or else face a ballot on strike action.

UK - The Pensions Regulator has rejected proposals from chilled prepared foods firm Uniq to fund a £436m scheme deficit.

CANADA/UK - The Canada Pension Plan Investment Board and Onex, Canada's biggest publicly traded buyout firm, are examining Tomkins' accounts after signalling they may bid about £2.9bn ($4.4bn) for the British maker of auto parts and window frames.

UK - A consultation on proposed changes to the Universities Superannuation Scheme is expected to start in late September, following the scheme committee's decision to accept a range of reforms.

UK - Today's auction of inflation-linked British bonds garnered the lowest demand since October 2008 as analysts said the government's planned changes to pension indexing created uncertainty for fund managers.

UK/ITALY - The Alitalia Italian Airlines Pension and Assurance Scheme has entered into a pension insurance buy-in with Pension Insurance Corporation with a deficit of more than £22m (US$33.7m).