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Companies should decide for themselves whether they are exempt from personal accounts, pensions minister Mike O'Brien believes.

First Sesame conference

Neptune is predicting an improvement in the market in Russia as a fall in inflation, a rise in GDP and an undervalued currency could provide opportunities for investors.

Watson Wyatt has more UK scheme assets under advice than any other "Big Four" investment consultant, an inaugural Professional Pensions survey reveals.

A total of 62,814 occupational pension schemes have wound-up since April, according to government figures.

Firefighters are threatening to strike over plans to scrap ill health retirement benefits from their pension provision.

US - Barings has been awarded more than 18 active international equity mandates, that has added $1.1bn dollars in funding in 2007.

THE extent to which trustees are legally required to explain their actions to members and other beneficiaries "remains uncertain", a lawyer says.

The government must reverse its refusal to help small businesses with personal accounts implementation, employers have said.

Firms and trustees are seeing costs rise through failing to assess the full range of scheme buyout options, PricewaterhouseCoopers warns.