EUROPEAN property returns for 2006 will come close to last year's record levels, Aberdeen Property Investors predicts.

DURHAM County Council Pension Fund is to restructure its entire investment portfolio following a 12-month review of assets and liabilities revealed a £321m blackhole.

THE PENSION Protection Fund is set to raise significantly less money than it expected through the risk-based levy as companies get high invoices amended, Watson Wyatt says.

Pensioners take to streets

STANDARD Life Investments is to expand its defined contribution business in early 2007, the asset manager says.

THE ACCOUNTING Standards Board is set to amend pensions accounting standard FRS17 in a bid to bring it more in line with international conventions.

INVESTMENT banks are planning to launch a longevity risk market as early next year, PP can reveal.

CANADA Life is to launch a transferable annuity to improve flexibility for customers.

TOO MANY global equity funds are "constrained by geography" and are missing out on sources of return, Investec Asset Management says.

EUROPE - F&C Asset Management has cited a shift in Dutch pension fund policy as the main reason for the net €6.1bn withdrawn by clients in the last three months, according to media reports.