Europe

UK - Aegon is to close its final salary scheme to new members from April 1 due to falling markets and rising liabilities.

UK/EC - The European Commission has praised the UK for having one of the best funded pensions system in Europe.

UK - Radical changes to pension scheme wind-up laws are being urged by a cross-party coalition of MPs.

UK - Pointon York Sipp Solutions has received a recommendation for its pension product from software provider Misys Networks.

UK - The Treasury will be reported to the parliamentary ombudsman if it fails to disclose the cost of withdrawing dividend tax credits from pension funds in 1997.

UK - The Green Paper has merely postponed difficult decisions on pensions, PricewaterhouseCoopers claims.

UK - Threadneedle Investments chief executive Simon Davies has denied claims that he called investors greedy and stupid.

UK - Charles Nunneley has been appointed as non-executive chairman of Edinburgh Fund Managers.

UK - Corporate responsibility management will be the topic for Ethical Corporation's 2003 conference which will be held in London on April 10-11.

UK - Punter Southall has launched an internet-based research service which shows how FTSE100 schemes are coping under FRS17.