Europe

UK - The House of Commons work and pensions select committee is set to conduct more public evidence sessions in January.

UK - Merrill Lynch Investment Management has made senior UK equity fund manager, Nick Roberts, redundant.

UK - Baring Asset Management is to offer pension funds an alternative to a mainstream index or peer benchmark with a "targeted return investment strategy".

EUROPE - The German government should review the statutory retirement age increases and ensure that the phasing out of early retirement programmes does indeed raise the effective age of retirement, according to a new country report by the Organisation...

UK - Britannic Asset Management is making 40 of its 320 staff redundant as part of a cost-cutting exercise.

UK - Less than 0.25% of the population would pay a £1000 windfall into their pension, research by Axa UK has found.

UK - The proposed sale of Scottish Media Group's publishing business may be soured by a deficit in the company's final salary pension scheme, analysts fear.

UK - Private equity investment firm General Atlantic Partners is set to invest £160m in Liberata, making it the pensions administrator's majority shareholder.

UK - IMI Pension Fund trustees have been found guilty of maladministration after they failed to give reasons for refusing an ill-health early retirement request.

UK - Trade union research has named Kingfisher Retirement Trust as the worst example of a defined contribution scheme in terms of benefits received.