Europe

As of Monday 19 February, Global Pensions will be housed in new offices on Stephen Street in London's West End.

UK - The UK inflation-linked swaps market has more than doubled in 2006 to reach around £20bn, according to Watson Wyatt Investment Consulting.

UK - Powys County Council Superannuation Fund has tendered a £13m European property mandate as part of the fund's ongoing restructure following years of low funding and poor returns.

UK - Companies could be forced to abandon their defined contribution schemes entirely should the Pensions Regulator go ahead with its plan to impose regulation on the industry, Aon Consulting has warned.

FRANCE - IXIS Asset Management Global Associates has appointed Sébastien Masson as head of European sales as part of the companies expanded global distribution effort.

UK - The governance and safety record of BP is of far more concern than the excessive compensation paid to outgoing CEO John Browne, the London Pensions Fund Authority (LPFA) has claimed.

UK - Hymans Robertson has appointed SRI 'thought leader' Craig Mackenzie to act as a consultant on SRI and related corporate governance issues.

UK - Royal Mail is to close its final salary scheme to new employees, following consultation, and has unveiled plans to fund its £6.6bn pension deficit over 17 years.

UK - Actuarial consultant Lane Clark and Peacock (LCP) is looking to develop a packaged service for pension funds which would transfer all management responsibilities from the trustee board to the consultancy.

UK - Credit Suisse has appointed bfinance's Terry O'Malley as its director and head of UK institutional distribution for asset management.