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MILLIONS of people remain unaware of the impact new pensions simplification rules will have on their retirement savings with A-Day just days away, research claims.

SWITZERLAND - UBS in Switzerland is set to switch its pension plan from defined benefit to defined contribution next year, and the pension fund will make a one-off payment of CHF 760m (e482m).

GERMANY - Hewitt Associates has appointed Dieter Oppermann to lead the international consulting group of BodeHewitt in Germany.

FIRMS keep final salary schemes open for outsourced public sector workers but rarely offer similar benefits to other new joiners, a new study shows.

A CONSULTANT has criticised The Pensions Regulator for not using its powers to prevent a second firm failing due to its scheme deficit.

ROYAL MAIL has been given the green light to raise the price of stamps to pay off its soaring pensions deficit.

ACTUARIES are being stripped of their role as the sole arbiter on how scheme transfer values should be calculated.

LOCAL government staff have just been balloted by their union over possible industrial action to bloc...

THE market value of pension fund assets and liabilities should be disclosed on a regular basis to keep trustees up to date with scheme performance.

SCHEME members could loseout on post A-Day benefits because trustees have not changed scheme rules, experts warn.