UK - British Telecom's rivals have attacked the telecoms giant for seeking to charge customers to help plug its £8.8bn (US$13.1bn) scheme deficit.
BT's pension plug plan under attack from rivals; Rolls boss suffers a £2m pension hit
Electrical specialist Comet is the latest scheme to receive the National Association of Pension Funds pension quality mark.
Visteon pensioners will protest outside the Houses of Parliament at the end of the month over claims former parent company Ford broke promises to protect their pensions.
Herbert Smith has added pensions lawyer Dan Schaffer to its partnership.
EUROPE - The current version of the Alternative Investment Fund Managers (AIFM) directive does not have the qualified majority support in the in the European Council (EC) needed to pass, a document by the EC showed.
HM Revenue & Customs has relaxed anti-forestalling rules for pension transfers.
Tata Consultancy Services will administer the National Employment Savings Trust.
UK - Tata Consultancy Services will administer the National Employment Savings Trust.
US - The Teachers' Retirement System of the State of Illinois (Illinois TRS) has terminated BlackRock from a US$643.5m domestic enhanced equity mandate for poor performance and hired a slew of other managers.