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GERMANY - Furthering its European expansion drive, Watson Wyatt has announced it will buy German actuarial, benefits and human resource consultancy, Heissmann.

ALMOST half (47pc) of 60-69 year olds questioned in the UK have some form of paid work, a report by HSBC says.

PENSION deficits have fallen by £40bn since the start of the year and are at the lowest level for more than five years, according to Deloitte.

STATISTICS from the department for work and pensions show almost 12 million people are now claiming the state pension.

TRADE unions could play a role in boosting private pension provision by helping companies set up industry-wide schemes, a fund manager says.

BRITISH AIRWAYS has slashed its pension deficit after paying another instalment of a huge cash injection into its New Airways Pension Scheme.

ALMOST three quarters of Britons have lost faith in pension schemes, a survey by property website www.yourpropertyclub.com has revealed.

THE TOP 200 UK pension scheme have reported an aggregate surplus for the first time since accounting standard FRS17 was introduced in June 2001, latest research by Aon Consulting reveals.

MORE than 1.5 million pensioners are not claiming the pension credit they are entitled to, the Commons public account committee has announced.

GOVERNMENT proposals on personal accounts represent a full-scale assault on the existing pension system, the Association of British Insurers warns.