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An online portfolio trading auction service that aims to slash scheme costs and improve investment efficiency has gone live today.

UNITE has confirmed that its shop stewards at BAA have called for a strike ballot over plans to close the firm's final salary pension scheme to new employees.

THE Pension Protection Fund has appointed Peter Walker as director of its newly formed delivery directorate.

JUST RETIREMENT has revealed a 33pc increase in first quarter sales, its latest trading figures released today reveal.

THE self-invested personal pensions market continues to be dominated by men, figures from James Hay reveal.

SWITZERLAND - Investment bank UBS posted a third quarter loss of CHF726m (US$624m) but said that the group as a whole should return to profitability in the fourth quarter of 2007.

REVISED regulations governing how trustees should deal with scheme disputes have been put out for consultation by the department for work and pensions.

GOVERNANCE specialist eShare has launched a new adviser package to help schemes comply with trustee knowledge and understanding requirements.

THE UK individual retail pensions market is set for further consolidation, a report by Defaqto claims.

ROYAL LONDON is set to take a stake in Investment Funds Direct, the holding company behind fund supermarket Fundsdirect and the Ascentric Wrap service.