Councils could be hit with a multi-million pound bill in additional pension payments following an amendment to Local Government Pension Scheme regulations, a law firm says.

Directors of FTSE350 companies will face annual re-elections as part of the Financial Reporting Council's clampdown on corporate governance.

The Daily Mail & General Trust defined benefit pension scheme has slashed £180m from its deficit this year, half-yearly figures show.

Sugar manufacturer Tate & Lyle will close its UK final salary pension scheme to future accrual from April, next year.

Mohamed Al Fayed decided to sell Harrods after the pension scheme trustee refused to clear a dividend payment, it emerged yesterday.

Trustees would be failing in their primary role if they allow issues of ethics to cloud their investment decisions, Ian Greenwood says.

Government proposals to scrap the default retirement age will damage businesses and lead to a surge in costly employment tribunals, the Confederation of British Industry warns.

The £9.6bn Strathclyde Pension Fund could become the dedicated pension fund for Scotland, head of pensions Richard McIndoe says.

Companies who divert significant cashflows to plug defined benefit scheme deficits run the risk of a credit ratings downgrade, Moody's warns.

Cabinet Office attempts to reform the Civil Service Compensation Scheme have been quashed following a judicial review.