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LORD Turner's National Pension Savings Scheme proposals will have a negligible effect on the number of pensioners eligible for means-tested benefits, a new report claims.

THE PENSIONS Advisory Service has launched a pro bono mediation service for disgruntled scheme members.

HERMES Pensions Management has appointed a search consultant to find a new chief investment officer after Nick Mustoe announced he was stepping down.

NORWEGIAN conglomerate Aker Kvaerner has signed a deal to ensure its UK pension fund will be eligible for entry into the Pension Protection Fund, if necessary.

THE BBC has agreed to further meetings with trade unions ahead of implementing plans to change its final salary pension scheme.

RAIL unions are balloting members over strike action after they failed to agree a deal with employers over changes to their pension plans.

Royal London on target

FIRMS will be unable to grant indemnities to trustee companies under provisions in the new Company Law Reform Bill, employers warn.

WIND-up victims will get an update on their compensation claims next week after an MP tabled a question in the House.

EU legislation to strengthen pension provision will be counterproductive for UK schemes, industry experts believe.