Europe

UK - A "credible alternative" to embattled corporate final salary and money purchase plans is being launched by Pointon York SIPP Solutions.

UK - Pension schemes have been given conflicting advice on how they should have voted on property giant Liberty International's remuneration report at yesterday's AGM.

FINLAND - Finland's private equity and venture capital industry recorded its highest year ever in 2002 by doubling the amount of funds raised compared to the previous year and bucking Europe's downward trend.

UK - Weslyan Assurance Society has appointed Sue Craddock as its public relations manager.

UK - Mako Investment Managers is to launch a market neutral hedge fund manned by specialists made redundant by Merrill Lynch Investment Managers.

UK - Stamford Associates director Roger Cobley has been elected as the new president of the Pensions Management Institute.

UK - Struggling engine manufacturer Rolls Royce has been accused of being "economical with the truth" about the true scale of its FRS17 deficit.

UK - AXA has urged the government to offer more incentives to address the growing problem of how to save for retirement.

UK - Pension schemes are set to lobby the government over tax concessions for industry-wide schemes.

UK - Compulsory pension statements for members of DC schemes - which come into force next month - will leave many disappointed, Aqera claims.