Europe

UK - Pension funds are backing government moves to clamp down on "golden handshakes" for top executives.

UK - Unions are threatening to step up industrial action at media giant Trinity Mirror unless it reopens its three final salary schemes to new members.

UK - Yorkshire Fittings has appointed Jagger & Associates to act as investment advisers on its newly-created pension scheme.

UK - The government is being urged to scrap unfunded public sector pension schemes to boost local authority budgets.

UK - Fund managers are under pressure to restructure to meet increased competition and become more cost-efficient, a new survey shows.

UK - The NAPF's recommendation that pension funds should abstain from re-electing Tesco's chief executive has been described as "daft" by a corporate governance expert.

UK - Personal Pensions Management has boosted its senior management team with the appointment of Kevan Ward as marketing and development director.

UK - Hartnell Taylor Cook has appointed Sarah Taylor as senior surveyor in its investment team.

UK - Experts fear it will take a string of large corporate bankruptcies to force the government to tighten laws on security for pension scheme members.

UK - Scottish Life has promoted Jim Smith to the role of sales director. Smith replaces Jim Gilchrist who is set to retire on July 1 and will report directly to Scottish Life chief executive Brian Duffin.