Europe

UK - Two FTSE100 companies are likely to face pension scheme wrath over executive pay issues.

UK - Wesleyan Assurance Society has promoted David Rutter to finance director and Tim Pindar to appointed actuary.

UK - Only just over a quarter of FTSE companies meet the Institutional Shareholders' Committee best practice guidelines, voting issues service PIRC claims.

UK - Barclays Global Investors' active UK equity fund, the Ascent Life UK advanced fund outperformed the FTSE All-Share Index by 2.3% in 2002.

UK/EUROPE - Planned European legislation could scupper simplification proposals in the pensions Green Paper, the Smith & Williamson Pension Consultancy claims.

UK - Investment Property Databank has appointed its first chief executive, Graham Hill.

UK - Hargreaves Lansdown has sold its range of investment funds to Investec Fund Managers for an undisclosed sum.

UK - Scottish conglomerate CJ Lang & Son has blamed the closure of its DB scheme for a £2m drop in profits.

UK - The House of Commons work and pensions select committee inquiry into the future of UK pensions will hold three public evidence sessions this month.

UK - The Lord Chancellor, Lord Irvine, will receive an annual pension of £90,000 when he retires.