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THE PRIVATE sector must play a major role in running a National Pension Savings Scheme, pensions reform minister James Purnell says.

ONLY 5pc of companies believe investors would accept lower returns in exchange for a better environment, new research reveals.

Pension liability estimates - including mortality assumptions - in company accounts could be improved, the Financial Reporting Review Panel says.

TRUSTEES do not understand investment well enough to implement long-term mandates, research claims.

The National Pension Savings Scheme could deter people from saving if is not run correctly, the National Association of Pension Funds warns.

Banking giant Barclays has revealed a pensions deficit of nearly £1.5bn when actuaries predicted a £1.3bn surplus.

SAVING among the over 50s has increased by 33pc in the last three months, research shows.

DEFINED contribution members could lose around £5,000 a year if employers cut contributions to levels under the proposed national pension savings scheme, warns the National Association of Pension Funds.

MORE than two fifths of workers failed to make any pension savings in 2005, figures show.

HEDGE fund Polygon has voted against an agreed acquisition of Telent - the firm that owns the remnants of telecoms firm Marconi.