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The pensions industry has delivered a positive verdict on Lord John Hutton's interim report on public service provision.

Employers need to place emphasis on savings rather than pensions if they are to raise participation levels in their benefit packages.

UK - The final salary link in public service pensions is 'inherently unfair' and can lead to high flyers getting almost twice as much back in pensions than those on more modest earnings for the same amount of pension contributions, Lord John Hutton says....

The final salary link in public service pensions is 'inherently unfair' and can lead to high flyers getting almost twice as much back in pensions than those on more modest earnings for the same amount of pension contributions, Lord John Hutton says.

Auto-enrolment is placing a significant burden on payroll and human resource departments, as they struggle to cope with the changes in preparation for 2012, rpmi says.

The British Chambers of Commerce has aired concerns about auto-enrolment, claiming it places pressure upon smaller and medium sized businesses.

DENMARK - Danish pension fund managers ATP and LD could be allowed to offer banking, mortgage and insurance products under proposals put forward by the government yesterday.

EUROPE - AllianceBernstein is planning to launch a risk parity strategy for pension schemes seeking growth while minimising equity volatility.

Lord John Hutton is set to publish the interim findings of the independent Public Service Pension Commission's review on Thursday, this week.

The usual tension surrounding the traditional buy-side/sell-side divide wasn't immediately apparent at this year's Global Pensions Transition Management Forum in London, but was instead replaced by a clear call for these providers to drop their cloaks...