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GOVERNMENT proposals to rewrite pensions law is "horrifying" because civil servants cannot grasp the subject matter, claims a leading actuary.

TRUSTEES must get a better grasp of the code of practice on knowledge and understanding, The Trustee and Pension Management Association claims.

THE PENSIONS Regulator has published a discussion document which addresses the content of scheme reports and accounts.

ONE fifth of UK workers believes that a pension pot of £50,000 is enough for a "comfortable" retirement, latest research by Friends Provident finds.

AIR FRANCE is closing its final salary pension scheme to new entrants despite growing profits.

TRADE unions can claim significant victories from last week's White Paper, TUC general secretary Brendan Barber says.

SCOTTISH papermaker Tullis Russell plans to sell wasteland next to its manufacturing plant to pay off some its £28.5m pension deficit.

THE Association of British Insurers has published a guide for companies managing unit-linked funds.

COMPANIES are unlikely to rush into buying bulk annuities despite the emergence of new players offering better deals, actuaries say.

THE CASE of former Allied Steel & Wire employees suing the government for not protecting their pensions will be heard at the European Court of Justice today.