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VICTIMS of the collapse of Equitable Life have called on the Chancellor to hand over compensation, two months after a European Parliament report.

Trustees will be breaking the law next month if they fail to give members an update of current funding levels, a pensions lawyer warns.

LONDON Underground workers have voted overwhelmingly for strike action over collapsed maintenance firm Metronet's failure to guarantee pensions and jobs.

Major firms should reconsider any plans to close final salary schemes following the dramatic progress they have made to slash deficits, Britain's largest union claims.

GOVERNMENT consultation on regulations allowing direct self-investment of protected rights has been welcomed by the industry.

THE Pensions Regulator started legal proceedings against two schemes which had long outstanding levy payments.

PRUDENTIAL has increased its stake in its joint fund venture with CITC Group in China to almost 50pc.

ZURICH reported strong growth in the first half of 2007 as total net income increased 33pc to $2.7bn (£1.4bn).

SCHEMES are being forced to choose between delaying wind-ups or facing heavy tax charges, actuaries claim.

SCHEME managers are urging ministers to delay implementing the new-look Local Government Pension Scheme in order to remedy "flaws, omissions and confusion" with regulations.