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THE GOVERNMENT must not bow to union demands for ‘unnecessary' new employment rights, the Confederation of British Industry says.

THE BOARD of the Pension Protection Fund has published a consultation document setting out proposals for the 2007/08 risk based levy.

SWITZERLAND - Siemens Switzerland portfolio manager Roland Rümmeli is being held in custody on suspicion of receiving payments in relation to a merger between banks Swissfirst and Bank-am-Bellevue.

GERMANY - In a significant blow to Bundesbank, German federal states are considering outsourcing pension assets worth billions of euros to external managers.

THE GOVERNMENT has caved in to industry pressure and postponed the pension aspects of new age discrimination regulations.

THREE quarters of Amicus members are calling for a change in the Labour leadership as they feel alienated over pension issues, research shows.

Confusion over A-Day rules on tax relief is prompting some employers to reduce pension contributions, Aegon Scottish Equitable claims.

SAVERS should resist being "dazzled" by cash-in-hand offers to transfer out of a defined benefit pension scheme, actuaries say.

THE GOVERNMENT needs to concentrate on education to tackle financial illiteracy, the Opposition claims.

THOUSANDS of people will be deterred from joining the National Pension Savings Scheme if the Association of British Insurers' alternative model is adopted, unions believe.