BT Pension Scheme has boosted its UK infrastructure portfolio by buying a 13% stake in the holding company of Thames Water.

The Debt Management Office has launched a consultation with investment firms on plans to cancel £7.3bn of gilts from the Royal Mail Pension Plan.debt

A levy on local authority schemes could be introduced to fund the creation of an independent national governance organisation aimed at improving standards and scheme performance.

Equity allocations by UK schemes have dropped from 47% to 43%, with a further four in ten schemes intending to reduce their deomstic exposure more next year, Mercer research suggests.

A widow who was forced to give up her tennis club membership after receiving a lower pension than she was entitled to has been awarded £1,500 in compensation.

Dividend tax credits should be re-instated for UK schemes investing in UK infrastructure to help kick start the economy, the Confederation of British Industry says.

BBC Pension Scheme reforms capping future pensionable salary increases at 1% are legal, the High Court has ruled - but member doubts remain over the BBC's discretion to make the change.

A total of 24 pension funds are set to begin High Court proceedings against Henderson Equity Partners for breach of mandate on 5 November.

Quantitative easing's impact on spiralling pension scheme deficits has been "exaggerated" and threatens to distract trustees from bigger funding problems, the Bank of England deputy governor said today.

The Local Government Association has urged the government to bring negotiations between unions and employers on Local Government Pension Scheme reforms to a "rapid conclusion" after ministers delayed approving the plans.