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BAUGUR, the Icelandic retail group, has reached a deal with trustees House of Fraser's pension scheme over its £106m deficit.

TAX relief in pensions for higher rate taxpayers is under siege and beginning to look pretty vulnerable, warns Hargreaves Lansdown.

PROVIDER GE Life expects more than £120m to be invested in its self-invested personal pension offering after recording half yearly sales of £65m.

INSTITUTIONAL funds under management at Schroders dropped by £3bn in the first six months of 2006, latest company figures reveal.

EXCEPTIONAL growth in corporate and personal pensions underpinned record first-half sales for Aegon UK in 2006.

A mining union has dropped its claim for early retirement benefits for former British Coal workers just days before a High Court hearing.

STANDARD LIFE's claims that rival Axa is marketing a pension product as a way of avoiding inheritable tax have been dismissed as "absolute nonsense".

INSURER Aviva has revealed record half-year results, including a 27pc rise in profits, which is says is down to a strong pick-up in the UK pensions market.

THE SALVATION Army has slashed its Pension Protection Fund levy by more than £140,000 after highlighting a string of "inaccuracies" in its risk report.

WINTERTHUR Life has reported a 75pc growth in its single premium pensions sales for the first half of this year.