Europe

UK - The £665m Wiltshire County Council Pension Fund has added to a move from a balanced to a partial specialist arrangement with two more tenders.

UK - Diageo, the multinational drinks company, has launched a web-based pensions site, in a move to make its UK pension scheme more transparent and accessible to members.

UK - UK pension balanced fund managers saw a 2.2% recovery in average returns during Q1 this year, according to a new study by HSBC Actuaries and Consultants.

UK/EUROPE - Pensions funds will shortly have the opportunity to invest in another securitisation by a football club.

UK - Simplification Review head Alan Pickering is giving his backing to the Trustee Code of Practice campaign.

UK/EUROPE - Pensions funds will shortly have the opportunity to invest in another securitisation by a football club.

UK - Pension scheme trustees could reduce the risk of massive equity falls by using derivatives to limit their losses, a risk management specialist claims.

UK - Pension funds will be able to prevent certain low-paid part-time workers from joining their schemes following a landmark ruling in the High Court.

UK - Deutsche Asset Management is to wheel out a new property fund for institutional investors in June, despite predicting a downturn in the UK real estate market for this year.

UK - The Local Authority Pension Fund Forum is threatening to name and shame companies which refuse to cut service contracts for executives.