PRESS DIGEST- Financial Times - June 5

June 5 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

UK to unveil pension reform aimed at boosting retirement savings

Boeing reaches deal to avoid prosecution over 737 Max crashes

Chart and Flowserve agree $19 billion merger to form gas and liquid technologies leader

Santander scraps plan to appoint executive under criminal investigation

L'Oréal poised to seal 1 billion euro deal for skincare brand Medik8

Overview

Ministers will unveil a sweeping overhaul of Britain's pensions system on Thursday aimed at unpicking problems created by previous rules and boosting the retirement savings of millions of people.

The U.S. justice department has struck a deal with Boeing BA.N that allows the plane maker to avoid prosecution for defrauding aviation regulators, provided a federal judge approves the agreement, according to a securities filing.

U.S. industrials Chart Industries GTLS.N and Flowserve FLS.N have agreed a $19 billion all-stock merger, in a push to create a leading provider of products and services addressing the movement of liquids and gases for sectors including LNG, nuclear energy and data centres.

Santander SAN.MC has scrapped a plan to appoint a Brazilian executive as its chief accountant, nearly four months after he was placed under police investigation for alleged fraud while working at Brazil's largest bank.

L'Oréal OREP.PA is poised to seal a roughly 1 billion-euro ($1.14 billion) deal to buy UK skincare company Medik8, in the latest push by the French cosmetics giant to bolster its offering of premium beauty brands.

($1 = 0.8760 euros)