United Kingdom

UK - Insurance and risk management provider Thomas Miller & Co has closed its final salary scheme to new recruits.

UK - Trade unions have attacked a new trust fund for directors at car maker MG Rover - which has a £73m pension scheme deficit.

UK - the NAPF has been forced to put back the launch of its multi-employer scheme by up to six months due to delays on government reform.

UK - Pensions will become "unsustainable" unless governments tackle the challenges of an ageing population, a senior EU commissioner has warned.

UK - Asset management firm CDC IXIS has implemented a new risk-management software product for its alternative investment portfolio.

UK - Lane Clark & Peacock has launched an investment style to supersede "structurally weak" lifestyle funds.

UK - International energy provider National Grid Transco has pledged to plug its scheme's £615m deficit over the next 12 years.

UK - Pensions experts expect firm details on the government's pension reforms in "a couple of weeks".

UK - A six-strong working party has been set up by the NAPF in a bid to shape new international accounting standards.

UK - Trade union Amicus has lost its battle to keep the Smiths Group pension scheme open to new members.