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Falls in global equity values have caused Smiths Group's pension deficit to soar by £453m.

There needs to be a proper debate between government and taxpayers about the long term affordability of public pensions, independent consultant John Ralfe says.

Most advisers are blaming the complexity of the pension transfer process for the length of time it takes.

Lifestyling strategies are helpful for defined contribution members up to a point but have "serious flaws", the Telegraph Pension Scheme pensions manager James Churcher says.

Trustees are struggling to meet governance challenges presented by the current economic downturn, Hewitt Associates warns.

Advisers should remind clients to keep pension planning at the forefront of their business and undertake reviews ahead of schedule due to the economic downturn, Zurich says.

The majority of trustees are eager to remain in their roles, with 86% keen to continue despite the tougher conditions, Aon Consulting research shows.

Universities Superannuation Scheme chief investment officer Peter Moon is to retire from the £23bn scheme early next year.

Two thirds of over 45s have yet to review retirement plans in light of the global economic crisis, research from the Hartford shows.

Employers are failing to help employees understand the financial health of their pension scheme, JLT Benefit Solutions says.