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SWITZERLAND - Swiss voters have rejected the proposal to fund the state pension scheme shortfall by funneling nearly e1bn a year from the Swiss National Bank's profits, known as the COSA initiative.

THE TOTAL deficit of UK defined benefit pension schemes has fallen by 28pc, latest research by PricewaterhouseCoopers reveals.

COMMUNITY has submitted a motion calling for the government to provide the funding to pay the pensions of scheme wind-up victims.

SKANDIA Investment Management has launched a "best ideas" fund.

THE PENSIONS industry should speak out against the government's "dangerous reforms", a Labour MP warns.

Ministers have bowed to pressure over plans to axe early retirement benefits for Local Government Pension Scheme members.

MEMBERS of the TUC are set to hold a rally tomorrow to campaign for a better state pension.

SWITZERLAND - State pensions will be adjusted as of January 2007 to reflect the country's economic growth - at a cost of CHF1.09bn (e691m) - the Swiss Federal Council announced.

AUTO-enrolment into the government's proposed personal accounts will cut some people's income as "meagre" savings will disqualify them from means-tested benefits, Heath Lambert Consulting warns.

EXECUTIVE pensions are set for a massive overhaul following a series of legislative changes, PricewaterhouseCoopers claims.