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PENSION funds moving into accounting surplus will force firms to set up contingent funding arrangements in a bid to avoid trapping cash in the scheme, Watson Wyatt says.

FOUR out of 10 people about to retire could get a bigger pension by considering an impaired life or enhanced rate annuity, Bank of Scotland Annuity Service says.

THE PUBLIC Administration Committee has called on the government to further extend the Financial Assistance Scheme to ensure all scheme wind-up victims are treated equally.

Taxing schemes if they accidentally overpay a pension is "wacky and impractical", a leading lawyer claims.

SWITZERLAND - Swiss pension funds have begun investing heavily in platinum, according to reports by trade press to the mining industry.

THE pensions ombudsman's office is likely to be scrapped following an institutional review for the department for work and pensions, industry sources have told PP.

THE former Boots pension schemes rose £20m into surplus in the past financial year, preliminary results reveal.

Websites could face lawsuits if they continue to claim final salary schemes provide guaranteed benefits for members, an online pensions information group warns.

ROLLS-ROYCE is set to pump £360m into its UK pension funds if trustees agree to implement a less risky investment strategy.

Capita deal with APB