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MEMBERS of Unison are ready to strike again over pensions if negotiations fail, delegates at its local government conference heard yesterday.

SWITZERLAND - The Swiss National Bank (SNB) has rejected an initiative to use its profits to prop up the AHV/AVS state pension as "dangerously populist" and "unrealistic".

MEMBERS of the BBC's largest union are being urged to join in a consultation over proposed changes to their pension scheme.

THE PENSION Service has written to more than 1.5 million retirees to advise them on claiming pension credit, the government claims.

STANDARD Life has reduced the price of it s initial public offering by 10pc following recent market turbulence.

PROPOSALS by the Financial Services Authority to review the impact of regulation on the distribution of financial products have the support of insurers.

SCOTTISH Widows has introduced a facility to allow policy holders to access tax free cash without having to draw income until it is needed.

NEW PLAYERS have broken Legal & General and Prudential's dominance of the bulk annuity market.

THE METHODOLOGY adopted by rating firm Dun & Bradstreet to calculate the Pension Protection Fund risk-based levy is "unfair and lacks transparency", a consultant claims.

THE GOVERNMENT faces a judicial review for rejecting the parliamentary ombudsman's findings after official papers were lodged with the High Court of Justice late yesterday.