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MCDONALD'S is to campaign for a change to the dictionary definition of the term "McJob" and its reference to low-paid and low-status work.

SMALL businesses could withdraw support for personal accounts unless the government organises financial help to cover set up costs, employers warn.

PITMANS Trustees has been appointed independent trustee to The Reform Club's final salary pension scheme.

The government is committed to reaching a consensus on personal accounts, pensions reform minister James Purnell says.

CLERICAL Medical has hired Invista Real Estate to establish a new pan-European property portfolio.

THE GOVERNMENT has cracked down on pension vehicles that allow people to use schemes as asset-accumulation or inheritance vehicles.

SUPERMARKET chain Morrisons is set to launch a 10pc staff discount in a bid to retain employees.

FIDELITY International has upgraded its online service for defined contribution pension schemes in a bid to reduce the time involved in scheme administration.

A new website for a think-tank on ageing and population change is being sponsored by Legal & General.

THE FINANCIAL Services Authority is set to change its permitted links rules in a bid to simplify regulations on unit-linked investments.