United Kingdom

UK - Pensions minister Steve Webb revealed over the weekend that the state pension age could be raised to 67 as early as 2026 in response to increasing longevity.

UK/DENMARK - ATP has announced the launch of an independent multi-employer trust to rival the National Employment Savings Trust, ahead of auto-enrolment next year.

UK - Any gains schemes might have made following the switch to the Consumer Price Index have been wiped out by falling interest rates, JLT Benefit Solutions believes.

UK - Brian Bailey, director of pensions at the £7.7bn ($12bn) West Midlands Pension Fund, has announced his retirement after 40 years' service with Wolverhampton City Council.

UK - Pensions minister Steve Webb has signalled that the government will revisit the issue of risk-sharing as part of its drive to reinvigorate occupational pensions.

UK - Unions have walked away from a consultation by Unilever on plans to move all final salary members into career average, making strike action at the firm "very likely", an official says.

CANADA/UK - The Ontario Municipal Employees Retirement System (OMERS) has closed on its previously announced acquisition of V.Group for $520m.

UK - Trustees of the Morris Ashby Limited Pension Scheme have completed a £38m ($61.1m) buyout deal with Pension Insurance Corporation removing its liabilities from the Pension Protection Fund.

UK - Aegon's asset management capabilities in the UK has officially been re-branded as Kames Capital today.

UK/AUSTRALIA - Logica has linked up with Australian superannuation exchange SuperChoice to offer UK pension providers a streamlined product to process contributions under auto-enrolment.