Europe

UK - Scheme managers have found a loophole in pending legislation that could allow them to postpone issuing statutory money purchase illustrations for up to a year.

EUROPE - UBS Global Asset Management has launched a new institutional share class on its ‘Fresco Bees' range of exchange traded funds.

UK - Equity markets will outperform bonds in the medium-term now that fears of global deflation are receding, Standard Life Investments claims.

UK - Thames Valley-based law firm Pitmans Solicitors has promoted David Hosford to partner in its pensions department.

UK - New accounting rules to stop firms inflating profits by using unrealistically high pension return assumptions could make matters worse, a leading actuary claims.

UK - Credit Suisse Asset Management has moved to strengthen its position in the DC market through the introduction of a new open-ended investment product.

UK - Hewitt Bacon & Woodrow has appointed Leslie Moss to head up its executive remuneration and employee share plan consulting team following the retirement of Elizabeth Hubbick last year.

UK - Another year, another set of results and another year of outperformance by the property sector.

UK - Pension funds have criticised a £1.5m payoff for outgoing Cable & Wireless chief executive Graham Wallace.

UK - A book dealing with retirement topics such as pensions and investments, paid work and leisure activities has been published by Kogan Page.