Europe

DENMARK - Pensionskassernes Administration (PKA) has announced it has acted to divest its DKK65m (US$12m) holding in oil companies working in Burma.

EUROPE - The majority of European institutional investors believed new regulations, due next month would increase transparency and integrating capital markets, according to research from Greenwich Associates.

EUROPE - The European Federation for Retirement Provision (EFRP) has appointed Angel Martinez-Aldama as chairman and Christian Böhm as second vice chairman.

UK - Proposals for easing the burden of regulations on employers providing pension schemes unveiled by minister for pensions reform Mike O'Brien, have been slammed by unions and experts.

UK - Britain's rapidly ageing population will create a significant problem for future pensions according to figures released today by the Office of National Statistics (ONS).

UK - A further two failed businesses have transferred pension arrangements to the Pensions Protection Fund (PPF), safeguarding the retirement of almost 300 employees.

UK - The National Association of Pension Funds (NAPF) has suggested more accountability by private equity firms could lead to increased pension fund investment in the sector.

UK - The Pension Corporation is "evaluating its options" after the Pensions Regulator appointed three independent trustees to the telent pension scheme at the request of the board.

FRANCE - Transport has largely returned to normal as strikes over pension reforms which effectively paralysed the capital and surrounding regions largely subsided.

UK - A report on the future viability of the Universities Superannuation Scheme (USS) has called for a shake-up in the way the scheme is funded and could result in sweeping changes.