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THE AMOUNT the deputy prime minister has made in the last year and a half is more than the Financial Assistance Scheme has paid out to scheme wind-up victims so far, the Liberal Democrats reveal.

Fledgling bulk annuity provider Synesis Life is planning to team up with investment banks to offer schemes bespoke solutions on buyouts and liability-driven investment.

High street giant Debenhams is planning to replace its fully funded final salary scheme with a stakeholder, PP has learned.

THE LONDON Borough of Bromley Pension Fund has appointed Crédit Agricole Asset Management to manage a £40m liability-driven investment/target return mandate.

SCHEME wind-up victims have vowed to carry on their fight for compensation despite a "disappointing" ruling from the European Court of Justice.

SHAREHOLDERS should be given the right to vote on a company's audit committee report, governance experts say.

Financial Assistance Sch-eme payouts are slow because staff lack expertise, a scathing internal investigation by the department for work and pensions claims.

GOVERNMENT curbs on alternatively secured pensions could destroy confidence in the industry and kill the growth in demand since A-Day, experts claim.

EMPLOYERS could be forced to create new scheme arrangements for life-only members because of the government's misconstrued "half-baked" legislation, warn lawyers.

The £3bn London Pensions Fund Authority has hired Mike Taylor to take over from Peter Scales as chief executive.