Europe

UK - Ciba Specialty Chemicals (UK) Pension Scheme has awarded Insight Investment a £53.4m fixed income mandate.

UK - Linklaters pensions lawyers has noted the implications of the Pensions Regulator's report into the risks faced by Defined Contribution (DC) schemes.

UK - Watson Wyatt has described ‘Independent Compliance Reviews' proposed by the Treasury as a backward step in the principles-based approach.

UK - The Pensions Regulator has published industry views on the regulation of Defined Contribution (DC) schemes and highlighted the importance of good governance.

EMEA/UK - Aon consulting has opted to consolidate its European, Middle Eastern, African (EMEA) and UK business in order to streamline global operations and maximise growth opportunities.

EUROPE - Pension investors have voted in favour of a motion to make climate change a fundamental part of their investment strategy.

UK - Suspicion towards companies dealing in risk transfer will soon disappear as pension schemes outsource expertise, according to Paternoster's investment director, Cliff Speed.

UK - The government has announced a funding review of the Financial Assistance Scheme (FAS), to see if assets from insolvent companies can help deal with lost pensions.

UK - Private sector defined contribution (DC) pension schemes must take more responsibility for investment strategy, warned the Pensions Institute at Cass Business School.

UK - The increasing longevity of pension fund members adds around £15bn a year to UK private sector companies' liabilities, claimed a new KPMG survey.