Europe

UK - Gissings has been selected to provide pensions services to United Technologies Corporation (UTC) for its UK schemes.

UK - The internet will play an increasing role in communication between fund managers and trustees, a survey of Legal & General Investment Management customers reveals.

EUROPE - European Corporate Governance Service (ECGS), an alliance of the leading corporate governance research and advisory groups in Europe, has welcomed the decision of Nordea's board to revoke the proposal for a stock option programme that was to...

UK - The level of private equity available to investors has dropped due to a sharp fall in management buyouts, KPMG Corporate Finance reports.

UK - A proposal to require fund managers and even trustees to intervene in the corporate affairs of investee companies is ill advised, says the Association of Chartered Certified Accountants (ACCA).

UK - Annuities should include a money back guarantee, Prudential proposes in its response to the government's 'Modernising Annuities' consultation paper.

UK - The much vaunted shift from equities to fixed income has failed to materialise, according to the latest Russell / Mellon CAPS pooled pension fund survey.

UK - A new Pensions Act is likely within the next two years, leading industry experts now believe.

UK - One shareholder meeting is of significance in the week beginning April 29, according to corporate governance specialists Institutional Shareholder Services (ISS).

EUROPE - Dimensional Fund Advisors, the US-based fund manager, has appointed Philip Nash as its European marketing director.