Europe

UK/COMMONWEALTH - A landmark ruling by the UK's Privy Council has resolved "almost a century of conflicting case law" over members' right to see trust documents.

UK - Lane Clark & Peacock has appointed a record eight new partners in a bid to boost its actuarial business.

UK - Legal & General is implementing new group risk underwriting procedures intended to reduce the number of occasions when medical evidence is requested from scheme members.

EUROPE - UBS Global Asset Management has launched a new Euro corporates bond fund as investors continue to seek shelter from volatile equities.

UK - A pension scheme has switched 40% of its assets into hedge funds, Mercer Investment Consulting has revealed.

UK - Transfers and early retirements requests at one of the KPMG pension funds have been suspended pending a judicial review of the scheme.

UK/US - The government must do much more to encourage people to save during their working lives, urged Invesco Pensions in its Green Paper submission.

UK - Final salary schemes are unsuitable for a large number of firms and employees, PIFC Consulting claims.

FINLAND - Carlo Eräkallio has been appointed managing director of Mandatum Asset Management, the investment division of financial services group, Sampo.

UK - Financial media relations company Vanbrugh Financial Communications has moved offices.