Europe

UK - Communication issues between human resources and administration teams must be addressed if schemes are to avoid costly problems and delays.

UK - Trustees will look at multi-manager solutions if market falls force fund managers to lay off staff, investment consultants warn.

UK/EU - The UK's Investor Relations Society has criticised the European Commission's proposals for more transparent company disclosure as little more than a "charade", despite it being less controversial than originally feared.

UK - NAPF calls to scrap the second state pension have been attacked by Pensions Reform Group chairman Frank Field.

UK/EUROPE - Property fund manager Warburg-Henderson is launching its third pan-European fund aimed at institutional investors.

UK - Clerical Medical has appointed Jonathan Bradley as its head of brand development.

UK - The Church of England Pensions Board has awarded a £30m bond mandate to Insight Investment.

UK - A new computer network has slashed the £4.8bn West Midlands Metropolitan Authorities Pension Fund's administration costs by £350,000 a year.

UK - The government should tackle problems with the state pension system before it tries to reform private provision, insurers argue.

UK - Former Marconi finance director John Mayo has ended the long-running dispute over his pension by settling for an £800,000 payout.