Europe

UK - Existing company stakeholder schemes will be undermined if the new generation of products proposed by the Sandler Review are introduced, consultants warn.

UK - Investment performance firm MSCI has started an index focussed solely on the Japanese market's Osaka Securities Exchange.

UK/EUROPE - Sarasin Investment Management has launched a new income fund o target real bond yields with an equity kicker.

UK - At least a third of Britons will have to work beyond 70 if they are to have the income they want in retirement, research by Axa shows.

UK - Consulting actuary Hazell Carr and Prudential are joining forces in a bid to increase their share of the corporate pensions market.

UK - Benefits consultancy Gissings has reacted angrily to controversial pension increases by MPs', only days after Alan Pickering's Simplification Report suggested that employers should cut back on payouts.

UK/EUROPE - Sarasin Investment Management has launched a new income fund o target real bond yields with an equity kicker.

UK - Neptune Investment Management is the only fund manager to have made a positive return for the year to date, a Micropal survey shows.

UK - Firms spend less time training staff to deal with corporate social responsibility issues now than they did four years ago, an expert claims.

UK - The Inland Revenue's review into pension tax reform was delayed because proposals will undermine Pickering and Sandler, consultants claim.