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GERMANY - Germany's labour minister and vice chancellor, Franz Müntefering, announced that state pensions would be increased by 0.54% from July 1.

ADVISERS are encouraging an unwelcome adversarial attitude among trustees negotiating with sponsors over scheme funding, NAPF conference delegates heard.

FRESH proposals for cutting scheme red tape have been dubbed "Pickering II", by a leading consultant.

TRANSPORT group Stage-coach is to make a payment of £50m to its final salary pension scheme.

Financial services giant KPMG has launched an alternative investment group which combines its hedge fund, real estate and infrastructure businesses.

SCHEME wind-up victims should be first in line for cash payments from the Commission on Unclaimed Assets, MPs have said.

AROUND two-thirds of pension schemes have not carried out an independent assessment of their sponsor's covenant, research has found.

THE ALTERNATIVE Investment Management Association has issued a new guide on good practices for hedge fund valuation.

UBS bond pooled funds

Schemes needed to be run like US endowments to claw themselves out of deficit, delegates heard.