Regulation

British Airways deal with its scheme trustee over how to plug its £3.7bn deficit has been approved by The Pensions Regulator.

UK - British Airways' deal with its scheme trustee over how to plug its £3.7bn deficit has been approved by The Pensions Regulator.

US - Citigroup has agreed to pay $75m to settle charges brought by the Securities and Exchange Commission claiming the firm misrepresented its exposure to sub-prime assets to investors.

Royal Mail has agreed to pay substantially higher pension contributions to plug the scheme's multi-billion pound deficit.

UK - British Telecom is to challenge Ofcom's decision not to take into account its scheme deficit when setting its regulated charges.

British Telecom is to challenge Ofcom's decision not to take into account its scheme deficit when setting its regulated charges.

UK - The government is proposing to scrap the default retirement age of 65 by October next year.

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

Communications watchdog Ofcom has ruled out changes to British Telecom's wholesale charging structure, despite the telecoms giant's £9bn scheme deficit.

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.