Europe

UK - The defined contribution solutions market faces a major shake-up in 2003, leading consultants predict.

UK - Islington Council is planning to sell its commercial property portfolio to help cover a £100m shortfall in its £367m final salary pension scheme.

UK - Pension managers are sceptical over how simplification proposals will evolve.

UK - HS Administrative Services is linking up with IFA firm Wentworth Rose to offer an enhanced financial advice service to pension clients.

UK - National Tyres and Autocare has closed its final salary pension scheme for new members and will open a defined contribution plan for new workers.

UK - Opposition parties have joined forces to attack the government over its latest proposals for tackling the pensions crisis.

UK - Pension funds have told telecommunications giant Vodafone to amend its executive remuneration package or face a backlash from investors.

UK - Trade unions are taking action to ensure Coats Viyella employees will retain access to a final salary scheme when the company sells off several of its UK divisions.

UK - Consultants have accused the government of "ducking" the complex issues facing the pensions industry.

UK - Socially responsible investment experts have hit back over claims the style may be a "dead duck".