Europe

UK - The Personal Accounts investment discussion paper received more than 60 industry responses which will help form its final package of advice to the trustee board.

UK - Pension Corporation has appointed six staff across its business to bolster its team.

The government must "build upon" restrictions on pensions tax relief to help those less well off, the Trades Union Congress says.

UK - Whitbread is set to close the defined benefit section of its group pension fund to future accrual at the end of 2009.

NORWAY - The Government Pension Fund - Global has excluded Israeli company Elbit Systems from its portfolio on the basis of ethical reasons.

UK - The number of complaints about life and pensions products has fallen by 76%, latest Financial Services Authority data reveals.

UK - Some 87% of defined benefit pension schemes are closed to new entrants and 18% are close to future accrual, statistics from the Association of Consulting Actuaries revealed.

GLOBAL - The European Court of Human Rights is set to rule on a UK law which freezes the state pension of anyone who leaves Britain to live in certain countries, according to ECHR files.

The European Court of Human Rights is set to rule on a UK law which freezes the state pension of anyone who leaves Britain to live in certain countries, according to ECHR files.

UK - The £2.4bn (US$3.9bn) Lothian Pension Fund is set to implement a revised investment strategy after losing 17% over the fiscal year to March 31.