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Liabilities set to fall

A QUARTER of UK firms will struggle to pay off their pension deficit over the next 10 years, Deloitte says.

Lawyers have curbed the "snoopers' charter" that allows anyone to request sensitive information from schemes, sponsors, trustees and advisers involved in litigation.

The government's proposed personal accounts could trigger a mis-selling scandal and should be boycotted by the pensions industry, Scottish Life claims.

Pensions for British Airways' bosses should be capped at £50,000 a year to help plug the £2.1bn deficit, unions claim.

Lawyers are urging ministers to clarify how new age discrimination laws will affect schemes.

METAL BOX Pension Trustees UK pensions manager Philip Read is to take over as trustee chairman of the British Coal Staff Superannuation Scheme in May next year.

The former chief investment officer of Standard Asset Management has launched an emerging markets asset management firm.

Less than a quarter of pension schemes that invest in funds of hedge funds are satisfied with returns, new research shows.

REGULAR communication of pension benefits can double scheme take-up, Winterthur Life says.