Europe

UK - The UNISON Staff Pension Scheme has awarded Standard Life Investments a £140m (US$280.5m) UK and overseas active equity mandate.

UK - The Pensions Policy Institute (PPI) has released its latest projections of future eligibility for means tested benefits, showing some considerable changes from last year.

UK - Weir Group, a FTSE250 listed pumps manufacturer, has sold part of its pension plan to insurance provider Legal & General (L&G).

UK - Pension Corporation has learned from the mistakes it made in the takeover UK telecoms firm telent and will bring trustees on side in future deals, a senior executive has told Global Pensions.

UK - A rescue package has finally been announced for up to 140,000 people who lost savings when their employer-sponsored pension schemes collapsed.

UK - The suggestion by Goldman Sachs Asset Management (GSAM) of using a liability driven investment (LDI) strategy as a way to control the Pension Protection Fund (PPF) levy has met with mixed responses.

INCLUDING: UK - Funds not measuring performance; UK - Crum joins Hewitt; UK - ACE launches Elite

UK - P&O has partially transferred its pension fund to Paternoster in a deal worth £800m.

UK - Middlesbrough Borough Council (MBC) has re-awarded the global custody mandate for its pension fund to Northern Trust. There were a total of five bids for the contract.

FINLAND - Proposals to amend the corporate structure and strategy of telecoms operator Elisa have been opposed by Finland's largest private sector pension insurers.