The government's proposed pension reforms will "severely disrupt" the savings market unless adequate safeguards prevent them from becoming the dominant force, managers warn.

AXA UK has confirmed it is in exclusive discussions to acquire independent financial adviser Thinc Destini.

SWEDEN - Fourth National Swedish Pension Fund, AP4 posted a return of 0.8% in the first half of 2006, which was 0.5% below the benchmark index.

UK - A campaign by employers for a year's delay before making compulsory pension contributions would see over four million workers deprived of a proper pension.

INSURERS Resolution and Axa are among firms planning to issue more bonds this autumn, F&C Asset Management says.

F&C cuts equities exposure; Deutsche Bank joins race for General Electric; Agius named as new Barclays chairman; European Central Bank hints at interest rate rise; Jones surprises City by quitting Morley; Insight spins off property arm; Goldman Sachs...

FIDELITY International has unveiled a rival model to the government's personal accounts it claims "strikes the right balance" between boosting savings and greater diversity of investment.

INSIGHT Investment has announced plans to list its property fund management arm on the stock exchange.

Tiered employee contribution rates may be the only way to retain final salary provision under the rejigged Local Government Pension Scheme, a leading civil servant claims.

Socially responsible investment must be taken into account when the government reveals final plans for a national pension savings scheme, campaigners claim.