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UK - Aberdeen Asset Management (Aberdeen) has announced it has entered in to an agreement with Germany's Dresdner Bank to acquire DEGI, a Germany-based property investment management company in a deal worth €110m.

THOUSANDS of women could face a poorer retirement following a government U-turn on pensions reform, Age Concern says.

XEROX FUNDXTRA and Smiths TI Group Pension Scheme have won awards from the Pensions Research Accountants Group for the quality of their schemes' summary reports.

ROLLS-ROYCE has made a £500m lump sum payment across its three main UK defined benefit schemes as part of a strategy to reduce its overall deficit.

Pensions reform minister Mike O'Brien has reiterated that personal accounts will work for the "large majority" of savers in the target group.

Trinity Mirror has agreed to make one-off payments worth £108m into its defined benefit pension schemes.

GERMANY - Mercer has acquired Höfer Vorsorge-Management, a German actuarial and retirement consulting firm, expanding its 300-strong employee base to more than 500.

THE PENSIONS REGULATOR and the Pension Protection Fund have released an up-to-date edition of its Purple Book.

EUROCLEAR UK & Ireland plans to implement record-breaking fee reductions of £11.8m in 2008.

PENSIONS secretary Peter Hain has announced a new package of help for up to 140,000 people who lost savings when their employer-sponsored pension schemes collapsed.