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Accounting Standards Board proposals to change the discount rate currently used for calculating scheme liabilities are "perverse", Paternoster warns.

Just Retirement sales up

Finland-based Pension Fennia announced its market share in 2007 was up from 10.2pc to 10.6pc, despite a challenging investment market.

Employers should be willing to share some pension risk with employees and members, an industry survey shows.

Hewitt Associates has bought New Bridge Street Consultants in a bid to boost its executive compensation practice.

Applications for clearance have remained consistently high but levels of complexity have increased, The Pensions Regulator says.

Legal & General has made a £62m takeover bid for self-invested personal pension provider Suffolk Life.

Current conditions in the buyout market represent an ideal opportunity for sponsors and trustees to reduce their pension liabilities, Hewitt Associates says.

Scheme members are putting their long-term financial future at risk by taking pension payment breaks, Brewin Dolphin warns.

HM Revenue and Customs has closed a loophole that allowed pension funds to be passed on tax-free at death, Standard Life says.