Europe

UK - London's Royal Borough of Kensington and Chelsea (RBKC) has put the investment consulting mandate for its £425m pension fund out to tender.

UK - HM Revenue & Customs has changed the way pension funds are registered in the UK, to reduce future problems for pension administrators.

FRANCE - The Fonds de Réserve pour les Retraites has launched a selection process aiming to award two mandates for passive replication of commodities indices.

EUROPE - A judgement from the European Court of Justice (ECJ) has been hailed a victory for employers providing pension benefits - but a defeat for workers over retirement age.

UK - A shocking 75% of fund managers do not publicly disclose any policies relating to environmental and social issues, according to a new survey from FairPensions.

UK - David Willetts, the former shadow pensions minister, has slammed defined contribution (DC) schemes for leaving future retirees with inadequate retirement provision.

FINLAND - Standard Life Investments (SLI) has signed an agreement with Aktia, the Finnish Savings Bank, to distribute its Global REIT Focus Fund in Finland.

UK - Mercer has advocated the benefits of adopting a de-risking strategy following the volatility experienced over the last quarter.

EUROPE - AEGON Pension Network has confirmed that a tax-transparent pooling vehicle it is currently developing should be launched in 2008.

UK -The British Airways Pension Scheme (APS) and New Airways Pensions Scheme (NAPS) have invested 1% each in commodities.