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Supermarket giant Tesco has sold 16 stores to the British Airways Pension Fund in a £445m leaseback deal.

FIRMS are failing to get best value out of special contributions to schemes, PricewaterhouseCoopers says.

PENSION schemes should review their contracting-out arrangements to avoid paying voluntary tax of £3bn per year to the Treasury, advisers warn.

THE NATIONAL Association of Pension Funds is set to transfer its historical records to The Pensions Archive Trust.

Solicitors representing the Pensions Action Group's judicial review have launched a formal complaint against the government's lawyers for delaying proceedings.

Many observers outside the industry like to conjure up images of trustees poring over ancient trust deeds and using quills to make any amendments.

ADMINISTRATION costs for London council pension funds are nearly four times higher than other metropolitan authorities, a new report reveals.

ACCOUNTING standards should be changed to reflect future scheme administration costs, PricewaterhouseCoo-

FORMER London Pension Fund Authority chief executive Peter Scales and former Institute of Actuaries President Mike Pomery were among those recognised in the New Year's Honours.

THE PENSIONS Policy Institute is undertaking a three-year study to analyse the effect pension policy reforms might have on older people.