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POSTAL workers went on strike for a second time last week in a row over pay, modernisation and changes to pension plans.

Trustees of additional voluntary contribution schemes are becoming more passive about scheme management since A-Day, a consultant claims.

The Pension Protection Fund insists it has full confidence in rating agency Dun & Bradstreet despite errors in some other scores it provides.

The Gascoigne Pension Scheme has become the first wind-up fund where every member is now receiving full annual payment from the government's Financial Assistance Scheme.

BAM to run growth brief

Financial services giant Aviva has appointed Alain Dromer as chief executive of its Morley fund management arm.

UNITED Biscuits is planning to close its final salary pension scheme and replace it with a career average plan.

Pension schemes that continue to allocate significant funds to domestic equities are a cause for "despair", Pioneer Investments says.

Paternoster survey a step in the right direction

Schemes could create a new asset class for traded life policies, Managing Partners Limited says.