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The Pension Protection Fund has made payments to a further 300 pension scheme members whose employers have gone bust.

Threadneedle has launched the first fund in its 130/30 strategy range.

Mercury Interactive has settled with a group of pension schemes for $117.5m (£57.4m) in a court case relating to stock options backdating.

The Pensions Advisory Service has launched a new strategy group to focus the organisation ahead of the introduction of personal accounts.

More schemes would invest in private equity if providers could meet the concerns of the pensions industry, the National Association of Pension Funds says.

Construction firm Kier Group has denied it has any plans to sell its pension fund to a specialist third-party firm.

MPC Investors is set to open its discretionary macro hedge fund to external investors.

Using HM Revenue and Customs to collect personal accounts contributions has been ruled out by the government.

The Swiss government is to permit pension fund contributions to be made after retirement age.

Regulation of self-invested personal pensions by the Financial Services Authority has boosted the market, advisors believe.