Europe

UK - Unions are making last ditch efforts to keep Scottish Widows' final salary scheme open.

UK - Gilts are overpriced and offer returns that are too low, Tilney Investments' economics director Peter Bickley claims.

UK - Schools will have to increase payments to the state-administered teacher's final salary scheme by more than 5%, the government says.

UK - Schemes, insurers, fund managers and trust companies are linking up to set out shareholder duties in a bid to stop the government imposing legislation on activism.

UK - The government is considering scrapping tax relief on pensions savings for anyone in the 40% tax bracket.

UK - Mercer Human Resource Consulting is holding a series of pension courses and seminars in London, Manchester, Leeds, Leatherhead and Buckinghamshire next month.

UK - Aberdeen Asset Management split-capital trust pioneer Chris Fishwick has quit as investment director.

EUROPE/UK - Rigid application of the stability pact is stifling economic growth and stability in Euroland.

UK - Investec Asset Management is the best performing fund manager of UK pension fund money, interim performance figures from the WM Company show.

EUROPE/UK - Rigid application of the stability pact is stifling economic growth and stability in Euroland.