Europe

UK - Significant rises in price levels are needed to stop negative inflation being used to calculate pension increases, Watson Wyatt calculates.

UK - The National Association of Pension Funds (NAPF) has called on the government to introduce measures to help firms reduce scheme liabilities.

UK - The £1bn (US$1.46bn) Somerset County Council pension fund has allocated £30m to emerging markets.

UK - There needs to be a proper debate between government and taxpayers about the long term affordability of public pensions, independent consultant John Ralfe says.

IRELAND- Goldman Sachs and Morgan Stanley have partnered to launch a range of ETFs under the name of Source. The range has recently received approval from the Irish Financial Services Regulatory Authority for the listing of 50 ETFs.

DENMARK - ATP plans to invest up to DKK3bn (US$547m) in forestry through its new subsidiary ATP Timberland Invest K/S.

UK- Setting up an effective default fund investment strategy will be a crucial step in ensuring auto-enrollment works for everyone, the Investment Management Association says.

DENMARK - The DKK355bn (US$61.3bn) ATP pension fund has invested US$400m in renewable energy technology.

UK/US- Steve Webster has joined Credit Suisse as director and head of its Europe, Middle East and Africa transition management team.

NORWAY - The Government Pension Fund-Norway, also known as the Oil Fund, increased its allocation to Russian equities when many investors were moving the other way.