Europe

UK/EUROPE- Pensions are the most important method of saving for British investors, with 23% of people being involved in some sort of pension scheme.

UK - Legal & General is to offer a wider and more flexible choice of funds for its "pension fund supermarket" - the Trustee Investment Plan.

WALES - A primary school teacher is expected to win £57,000 in lost pensions contributions after a court ruled he had been sacked illegally.

UK - Two former Jones Lang Wooton fund managers have teamed up to launch their own property fund management business, Mayfair Capital Partners.

EUROPE - Labour Euro-MP Richard Howitt is still optimistic that ethical reporting by multinationals will be made law, despite a new white paper by the European Commission (EC) which suggests a rejection of regulation.

UK - The pound's steady fall against the euro over recent weeks will help UK companies boost overseas sales and buoy equity values, Barclays Global Investors predicts.

UK - Companies which opt to wind up final salary schemes will be forced to buy out members' pensions in full under reforms being urged by OPAS.

UK - Threadneedle Investments has increased the corporate bond proportion of its European Bond Fund to 40% in a bid to raise yields.

UK - Consultant Hewitt Bacon & Woodrow has picked up four pension fund clients from its rivals.

UK - Local authority pension funds have suffered a second year of negative returns, according the latest data from performance measurers WM Company (WM).