Regulation

Bad investment selection in the pensions market is still a "significant concern" placing customers at unnecessary risk, the Financial Services Authority warns.

The DWP will look into improving annuity rates for people with pension pots of under £5,000, pensions minister Steve Webb says.

UK - Public sector final salary schemes should be scrapped and replaced with a career average alternative, the National Association of Pensions Funds says.

The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m in 2011/12.

Sackers solicitor Nigel Cayless introduces this month's legal panel: In July 2007, the Deregulatory Review identified pension scheme disclosure as an area that may benefit from a principles-based approach.

TPR chairman David Norgrove explains the watchdog's stance on ETVs

UK - Ofcom has confirmed it will not allow BT to fund its £6.6bn ($10.3bn) scheme deficit through charges it levies on competitors for telecoms services.

UK/US/CANADA - A financial support direction issued by The Pensions Regulator against insolvent companies is an expense of the administration and must be complied with, the High Court has ruled.

The government has launched a public consultation on the discount rate used to set contribution rates in unfunded public service pension schemes.

Trustees involved in an enhanced transfer exercise must start from the presumption it is not in the best interests of members, The Pensions Regulator confirms.