United Kingdom

UK/EU - Employers which close final salary schemes to new staff face age discrimination claims in years to come, pensions lawyers warn.

UK - Former employees of defunct ship repairer Cammell Laird are launching a legal battle to win £500,000 in unpaid pensions.

UK - SG Asset Management has put in a bid to buy Rothschild Asset Management which currently runs £13bn worth of funds.

UK - Inefficient final salary scheme wind-ups have cost members hundreds of millions of pounds in benefits, research by HighamNobbs Consulting shows.

UK - Lane Clark & Peacock is running a one-day conference on issues relating to defined benefit scheme closures.

UK - Growing pension fund deficits will hit company dividends, shareholders have been warned.

UK - The government must bite the bullet on compulsion if it wants low earners to save for retirement, a government tax advisor claims.

UK - OPRA is reviewing its guidance notes in a bid to reduce the number of minor complaints it receives.

UK - Rail and bus service operator Stagecoach faces a spiralling FRS17 deficit on its pensions scheme, City analysts claim.

UK - Barnett Waddingham is holding a series of seminars for employers which are retaining defined benefit schemes but are looking to control their risk.