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The Pension Protection Fund is being urged to lobby ministers for rule changes to make payouts fairer for ill-health scheme members.

Scheme sponsors - not trustees - should set asset allocation as part of a company's overall financial operation, a conference heard.

Retail giant WHSmith is to split its defined benefit pension scheme in two and make a one-off cash injection of £50m.

Sanlam name change

Investors should consider socially responsible investments as opposed to traditional equities, a report by the UK Social Investment Forum claims.

Saving as little as £2.40 a day could be enough to prevent people working longer, Aegon claims.

THE NATIONAL Pension Savings Scheme could hit consumer spending and trigger deflation, Scottish Life warns.

TRUSTEES and scheme sponsors are being urged to take advantage of the flexibility A-Day gives them to make unauthorised payments.

THE Financial Services Authority has increased bonus payments to staff in a bid to keep competitors at bay.

ACTUARIES, pension schemes and insurers will pay the £1.7m costs of regulating the actuarial profession, the Financial Reporting Council has confirmed.