Europe

UK - The Environment Agency Pension Fund is seeking managers for a global equities portfolio worth between £50m (US$103m) and £150m.

EUROPE - The European Commission is to investigate whether the UK government's guarantee of BT Group pension liabilities is a violation of EU Treaty state aid rules.

UK - Pension funds have been encouraged to engage with companies over merger and acquisition activity by the Local Authority Pension Fund Forum (LAPFF).

UK - More pension schemes could be made to pay the Pension Protection Fund (PPF) levy, after the funding level at which schemes pay no risk-based levy was raised from 125% to 140%.

UK - The National Association of Pension Funds (NAPF) has issued its updated corporate governance policy and voting guidelines designed to help shareholders and stakeholders interpret the Combined Code when considering voting decisions at company meetings....

UK - Unite, the union representing telent workers, has vowed to keep up pressure on Pension Corporation until it provides assurances on the future of the company's UK pension scheme.

UK - An academic study into social pensions in the developing world has been launched to find out how these schemes have helped to alleviate family poverty.

UK - Providers must urgently update their projection models before pensions' deficits reach catastrophic proportions, a leading academic has claimed.

UK - Schroders has told investors they may have to wait to get redemption from real estate investments because of liquidity issues.

UK - AXA Investment Managers has announced a restructure of its institutional business and the appointment of Fidelity International's Simon Cartwright as head of global consultant relationships.