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Regulation estimate

Pension deficits at Britain's 100 biggest companies in-creased marginally in the past year despite cash contributions totalling £12.1bn, Lane Clark & Peacock reveals.

Schemes should expect members to panic when trustees issue their first summary funding statement next month, Aon Consulting warns.

TWO-THIRDS of open employer-sponsored pension schemes are now defined contribution, latest research from Hewitt Associates reveals.

Actuaries have omitted longevity projections from their latest mortality tables because of uncertainty over future improvements.

Acquisition opposed

Many workers will be worse off if employers cut contributions to the National Pension Savings Scheme's proposed level, the National Association of Pension Funds warns.

Conference protest

Defined contribution scheme trustees are failing to drop under-performing funds be-cause of fear of litigation, financial services giant Zurich claims.

INCREASING the retirement age and providing a better basic state pension will be among the topics debated at this year's Trades Union Congress conference.