Europe

UK - Railtrack is the "daddy of corporate governance scandals", according to the National Association of Pension Funds' (NAPF) investment council chairman Alan Rubenstein, but the NAPF will not be asking its members to co-sign a letter to the Treasury,...

UK - Low to middle income earners will be better off buying standard annuities, rather than taking up ‘riskier' flexible products, according to a prominent industry expert.

NETHERLANDS/UK - PGGM CIO Roderick Munsters says UK pension funds are happily invested in their own domestic markets and need not worry too much about gaining international exposure.

UK - The Conservatives accused the government of being in a "state of denial" over the recent pensions crisis, following a controversial meeting with TUC (Trade Union Congress) secretary general, John Monks.

UK/EUROPE - Ruth Kelly, economic secretary to the Treasury, today told delegates at the National Association of Pension Funds' investment conference in Edinburgh that the UK government will not allow inappropriate EU regulation to threaten the UK's present...

EUROPE - A European pooled multi-manager product open to pension funds will be launched by Northern Trust Global Investments this autumn.

UK- The £1.1bn Granada Group Pension Fund has awarded Henderson Global Investors £250m in bonds.

UK - Rules simplifying the wind up of occupational schemes will come into force from April 1.

UK - The £1.2bn pension fund for East Riding of Yorkshire Council, one of the country's largest, has pelted Schroders from a £266m overseas equities mandate, only weeks after the beleaguered fund manager was dumped from a similar UK portfolio.

UK - Radical moves to make pension schemes a legally binding part of an employee's pay package have been put forward by a major trade union.