Europe

UK - Insight Investment has launched a project to help companies comply with internationally recognised business principles.

FRANCE - The small level of funded schemes in France have not suffered as badly as many other funded schemes in Europe from the declining equity markets, mainly due to the late entry into the equity markets for most funds.

UK - Gartmore has hired Robert Crossley to its fixed income team as a senior portfolio constructor.

UK/EU - Companies need to educate investors about the impact international accounting standards will have on their profits and liabilities, a survey shows.

UK - British Airways has postponed the closure of its final salary scheme until April next year.

UK - The government's long-term policy shows there is no future for the basic state pension, the Liberal Democrats claim.

UK - IFA services group Tenet has promoted Stuart Fairbairn to a new role as director of group pensions development.

UK - Senior executives at Royal Mail are to lose their early retirement provisions as part of a major shake-up of management structure.

UK - The £18.8bn Electricity Supply Pension Scheme has switched property managers.

UK - FTSE Group has launched a new European Sector Index Series.