Pensions life cover to be honoured; Employees in the dark about pensions; M&A boom set to continue into 2007; Frenzied borrowing a threat to City, says CBI chief

BELGIUM - KBC Asset Management is to launch an LDI product "around February" that will target Belgian and Dutch pension funds.

Telecoms giant BT is set to inject up to £2.8bn into its scheme after reaching agreement with trustees on the triennial funding valuation.

Personal accounts could signal the end of existing occupational pension provision, industry experts fear.

THE INVESTMENT Management Association has appointed Robert Jenkins as chairman.

SCHRODERS has bought Aareal Asset Management in a bid to boost its international property offering for clients.

FRANCE - Francois Hollande, chairman of the French socialist party, has timed airing the party's plans for pension reform to coincide with a major government debate on the issue this week.

A LEGAL opinion by a high profile QC suggests that the the Financial Services Authority and Equitable Life may have misled policyholders in 2001.

Task force appointments

The government has bowed to industry pressure and amen-ded A-Day changes on ill-health pensions, experts claim.