Round-up: Share carnage wipes £120bn off pensions

DAILY MAIL SHARE CARNAGE WIPES £120BN OFF THE VALUE OF OUR PENSIONS More than £120bn has been wiped off the value of Britain's pensions in the last month following the stock market turmoil. The National Association of Pension Funds released figures last night showing the true cost to the public of the crisis that has caused carnage in the markets. FINANCIAL TIMES FED MOVES TO TACKLE STRUGGLING ECONOMY The US Federal Reserve attempted to tackle a rapidly weakening economy on Tuesday by freezing short-term interest rates for two years and opening the door to more quantitative easing, i...