Europe

UK - Three members of Royal Bank of Scotland's corporate banking investments division have left to set up their own firm - Cognis Capital Partners.

UK - Equitable Life is to appeal against the High Court's decision to throw out two of its lost sales claims against its former auditor, Ernst & Young.

UK - Key members of the Pensions Management Institute will meet next week to discuss the possible formation of a professional body for independent trustees.

EUROPE - The importance of consultants in giving advice to Swiss pension funds is rising, reports Christine Senior.

UK - Mutual insurers will be forced to cut bonuses to with-profits policyholders to plug their own pension scheme deficits, industry experts warn.

UK/IRAQ - Insurance companies have assured schemes that death benefits will be paid on reservists killed after being called up for a war against Iraq.

UK - The London Stock Exchange has hired three senior executives to new posts in a bid to expand its business.

UK - British companies have a real commitment to environmental and social issues, a new corporate social responsibility benchmarking study shows.

UK - The £50m McCain Foods Pension and Life Assurance Scheme has appointed Attica Asset Management to manage all of its assets against a multi-asset fixed weight benchmark.

UK - Pensions administration technology company Profund Systems has appointed Tim Isom as business development director.