UK - British Airways has denied its staff may be asked to increase contributions, accept lower pay outs or take cash incentives or pay rises in return for opting out of its final salary scheme.
Responding to reports that these were among a number of options on the table in a bid to tackle its £1.4bn pension deficit, BA insisted it is simply starting a three-month consultation with its employees....
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
UK -More than 40% of firms have closed or are in the process of closing their defined benefit pension schemes, latest research from Aon Hewitt shows.