Europe

UK - AXA Sun Life has announced it is to slash terminal bonuses on its pensions by 18%.

UK - Engineering company GKN looks set to increase contributions from £18m to £20m into its ailing £1.5bn pension fund this year.

UK - Pension funds are failing to recognise international standards on SRI and attitudes are "five years behind that of corporate governance issues", according to industry heavyweights.

FINLAND - Aberdeen Property Investors Nordic AB has completed its deal with Finland's largest institutional property investor, Ilmarinen Mutual Pension Insurance Company, to acquire 60% of the shares in its property management company Antiloo-ppi Oy,...

UK - Winterthur Life, the UK life and pensions arm of Credit Suisse, has appointed John McCreadie as a new business development manager.

UK/OECD - Insight Investment is in top-level talks with the government over an initiative to improve corporate social responsibility.

UK - The government has been urged to end its pensions consultation and take some difficult decisions on the future of the UK's pension provision.

UK - Over two million people approaching retirement have no idea where additional income will come from if their pension is inadequate, according to Britannic Asset Management.

UK - Watson Wyatt has been rated as one of the top 100 employers to work for.

BELGIUM - JPMorgan Investor Services has been appointed by AXA Investment Managers as information and paying agent in Belgium and the Netherlands for its E258m range of exchange traded funds it now wishes to distribute across Europe.