UK - 'Substantial progress' has been made towards calling off a tube strike over pensions which threatens to paralyse London for 48 hours next week.
At the beginning of April, staff at failed private company Metronet, responsible for maintaining most of the underground network, voted by more than four to one to strike over pensions, outsourcing of work and travel facilities.
Bob Crow, general secretary, RMT, said: "We now have in writing undertakings that when the Metronet contracts are taken back in-house by TfL, there will be no outsourcing, and that all Metronet staff will be entitled to join the TfL pension fund and enjoy the same travel facilities as other TfL employees."
Crow said based on written assurances he had received from TfL, he would recommend the strike be suspended.
However, he remarked: "It is difficult to understand why these assurances could not have been given without us having to name strike dates."
RMT, the tube's biggest union, demanded guarantees that 2,500 Metronet staff contracts would be transferred to TfL, rather than to other employers.
The union also wanted staff to be eligible to join the TfL pension scheme and receive the same travel facilities as other TfL employees.
In September 2007, a three day underground strike was suspended after the RMT, TfL, and administrators from Metronet, held discussions resulting in assuring pensions provision for workers.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.