Europe

UK - Insight Investment has appointed Andrew Cawker to the new role of specialist institutional UK equity fund manager.

UK - Many people find it difficult to save for retirement, which these days can last for more than 20 years, says Mary Davies, director at the Pre-Retirement Association.

UK - Pensions law stalwart Harry Sacker, the founding member of Sacker & Partners, has died.

UK - Investors should look to smaller US banks for solid investment opportunities, Hiscox Investment Management says.

UK - Consultants and accountants have accused the government of woefully underestimating the number of people affected by the proposed £1.4m pension savings cap.

UK - Employers can boost their employees' DC pensions and save money by allocating parts of pay rises to pension schemes, Gissings claims.

UK - Local authority pension schemes will only invest in hedge funds if fund managers provide more education and information about them, Aegon Asset Management claims.

UK - Watson Wyatt is urging the government to give employers more freedom and flexibility in how they choose to run their pension schemes.

UK - UBS Global Asset Management is launching a Jersey-based unit trust in response to a growing demand from schemes for property funds.

UK - A U-turn by the pensions ombudsman over awarding legal costs for "non-exceptional circumstances" has been attacked by law firms.