Europe

DENMARK - PensionDanmark released figures showing premiums grew 12% in the first quarter of 2007.

UK - The Marathon Club has published a guidance note to provide trustees with practical guidelines on the implementation of a long term investment approach.

UK- Chancellor Gordon Brown survived a Conservative call for a vote of no confidence over his 1997 decision to scrap tax relief on pensions.

UK- Pensions Investment Research Consultants (PIRC) has blasted board directors for not attending meetings and called for their salaries to be cut.

GREECE -The government defended the nation's public pension funds performance against allegations of early bond liquidation to cover current liabilities.

UK - Independent pension adviser Ros Altmann has urged the Government to properly compensate the victims of pension scheme wind-ups.

UK - A new survey of over 650 European pension funds has revealed that property was by far the most popular alternative to equities and bonds, though the proportion of funds which invested in the asset class fell this year from 25% to 20 % in the UK....

UK - The Local Authority Pension Fund Forum (LAPFF) has demanded that BP respond after investor opposition to its remuneration report reached more than four times the normal level.

The NOK1,891bn Government Pension Fund said it would increase its equity allocation from 40% to 60% and divest from certain holdings on ethical grounds.

UK - The Pensions Regulator (TPR) has issued the latest module of its free online e-learning programme for trustees at www.trusteetoolkit.com