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THE majority of people in the UK have lost faith in investing in pensions, a report published today claims.

THE DEPARTMENT for Work and Pensions has launched a consultation on amendments to the pension aspects of the age discrimination regulations.

SELF-INVESTED personal pension plan providers are being urged to "join forces" to create a comprehensive database to track market growth.

GERMANY - Dexia Asset Management has opened an office in Germany, describing it as "one of the most attractive markets in Europe".

AON CONSULTING has launched a financial risk consulting service for UK pension funds.

A LOOPHOLE in A-Day regulations enables scheme members to claim their 25pc tax-free cash lump sum twice under the same pension, Aegon Scottish Equitable says.

Smaller self-invested personal pension providers will be swallowed up by market leaders when the sector is regulated, Hargreaves Lansdown claims.

There is a long way to go before the government's proposed national pension savings scheme or personal accounts see the light of day.

FEWER than one in 10 people aged under 25 are worried about not having enough money in retirement, research shows.

THE FINANCIAL Services Authority and the Treasury should meet with the industry to resolve the issue of Alternatively Secured Pensions, the Association of Member-Directed Pension Schemes claims.