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Balfour Beatty has slashed its pension deficit from £354m to £188m over the last year through a mixture of employer contributions, de-risking and changing actuarial assumptions.

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Low-cost provider B&CE has announced the retirement of chief executive officer Brian Griffiths in September.

Alex Salmond has urged UK pension funds to invest in Scottish infrastructure projects and back greater debt issuance powers for Scottish utility firms.

Alan Brown, the chief investment officer at Schroders, is to step down from the board and from his role at the next AGM.

The Society of Pension Consultants has urged the European Commission to clarify whether all occupational pension schemes are exempt from its ban on gender-based annuity pricing.

Guarantees given in Civil Service Pensions member communications to link benefits to the Retail Prices Index were the result of bad drafting, the government admits.

Failure to reform EU regulations for UK pension schemes will lead to "inter-generational conflict" over pension provision in future, delegates heard.

Schemes have committed a further £44m to a ground lease fund managed by Pramerica Real Estate Investors as an alternative to index-linked gilts.

Supermarket property assets outperformed commercial property averages last year with £1.15bn of investment transactions recorded for the 2011, according to IPD.