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GERMANY - Fidelity International in Germany has appointed former Frankfurt-Trust MD Hans-Jörg Frantzmann as head of institutional sales, effective from 1 January 2007.

THE NATIONAL Association of Pension Funds has appointed Penrose Financial as an interim public relations adviser.

WORKERS could be worse off when they retire under proposed pension reforms, industry experts warn.

Defined contribution funds could face costly changes to comply with new age discrimination laws, Aon Consulting warns.

Strong investment returns boosted the value of the Merseyside Pension Fund by more than £700m in the past year.

Regulators must ensure pension clearance procedures do not stifle business deals and deter investors, lawyers say.

WOMEN will continue to face financial hardship in retirement despite the government's proposed pension reforms, a report claims.

JUPITER Asset Management is mulling the launch of a new pension product ahead of tentative government plans to free up the market to new players, PP has learned.

THE PENSION Protection Fund had "painful" problems with its risk-based levy in its first year but is confident they have been resolved, delegates heard.

SCHEMES are being urged to be more flexible so deferred members can take advantage of additional tax-free cash under April's A-Day rules.