Europe

UK - The government has outlined details of what it sees as the "three pillars" of pensions reforms.

UK - A shortage of commercial property is pushing up prices, property consultant Cluttons says.

UK - Schemes should brace themselves for further falls in UK and US equities because both are still overvalued, fund managers say.

UK - City analysts believe a £373m surplus at the £11.7bn Lattice pension fund has turned into £470m shortfall over the last three months.

UK - Grant Thornton has recruited Ann Bristow as the financial planning client service director.

UK - Alan Pickering's proposals to do away with index-linked pensions and survivors' benefits continue to attract a wave of criticism.

UK - Pension funds are being urged to oppose a share buyback proposal at property group British Land's AGM tomorrow.

UK - Many women could be forced into poverty in retirement following proposals in the Pickering Report to axe survivors' pensions, according to the Equal Opportunities Commission (EOC).

UK - New Star Asset Management claims Commerzbank is refusing to consider its bid for Jupiter Asset Management.

UK - Schroder Property Investment Management has appointed Jenny Larsson as head of sales and business development.