United Kingdom

UK - The High Court has ruled it is legal for employers to force workers to retire at the age of 65.

UK - Barratt Developments has posted a £7.1m (US$11.6m) gain in income as a result of closing its defined benefit scheme to current employees.

US/UK - The US should adopt the UK's practice of allowing shareholder advisory votes on executive compensation, a new report released today argued.

UK - The government will fail to protect millions of Britons from poverty in old age unless it makes vital changes to the way in which it plans to introduce personal accounts, a Royal Society for the Encouragement of Arts, Manufactures and Commerce report...

UK - The British Chamber of Commerce has called for an immediate suspension of the 2010/2011 Pension Protection Fund levy in a bid to support employers affected by the economic downturn.

UK - The National Association of Pension Funds has launched a quality mark for defined contribution schemes in a bid to recognise firms providing good schemes for their staff.

UK - The government has launched a consultation on plans to relax rules which force firms winding up a pension scheme as part of a corporate restructure or demerger to fully cover liabilities.

UK - Here it is - a full list of the winners of the Pension Scheme of the Year Awards 2009, hosted by GP's sister title Professional Pensions.

UK - Standard & Poor's Ratings Services has downgraded its long-term debt rating for ITV because of a "ballooning" pensions deficit and poor first-half performance.

UK - Finance directors should brace themselves to report higher pension liabilities as the credit spread falls back from its peak, HamishWilson said.