American Express has 'temporarily halted' its pension contributions for 18 months.

RSA Insurance Group has taken action to reduce its pension schemes' exposure to longevity and market risk by insuring 1.9 billion of scheme liabilities with Goldman Sachs.

Bankers working for Goldman Sachs are set to share a pay and bonus pot of 12.3 billion.

If the default retirement age is scrapped, the cost to employers of employee benefits could increase by a third, warn pension experts.

Ten senior BBC executives have had their bonuses suspended indefinately.

British Airways pilots have agreed a 2.6% pay cut.

The proportion of pay freezes is stabilising, according to reports from IDS Pay Databank.

Employers could face higher cost on insurance and risk benefits as premium rates are predicted to increase.

Almost half of all employers (46%) think HMRC should simplify salary-sacrifice rules as they prevent a wider take-up of employee benefits.

Almost nine out of 10 employers (89%) think their number one pensions priority will be to reduce costs.

Azzurri Communications has implemented an online flexible benefits scheme for its 700 employees.

Almost a quarter of company directors (23%) would not include any form of employee reward package, if they could redefine their benefits provision.