Europe

UK - The Pensions Regulator has placed its review of the BT Pension Scheme funding valuation and recovery plan on hold.

EUROPE - The European Commission will extend capital requirements for pension schemes across Europe as early as 2016, industry sources say.

UK - The Universities Superannuation Scheme's contested switch to career average is set to go ahead this Autumn following a decisive meeting yesterday approving the changes.

UK - The surplus of defined benefit schemes monitored by the Pension Protection Fund slipped from £45.5bn in March to £2.3bn last month.

UK - Bulk annuity buy-ins and buyouts are now a more popular solution than longevity risk hedging for trustees looking to de-risk, research by MetLife Assurance shows.

FRANCE - Alcatel-Lucent made a cash contribution of €42m ($60m) to its worldwide pension funds in Q1, the company's quarterly financial statement shows.

UK - Amundi ETF is expanding into the UK with the launch of 16 exchange-traded funds on the London Stock Exchange.

JP Morgan Asset Management, UniSuper, BNY Mellon, International Asset Management, Russell Investments

EUROPE - The European Fund and Asset Management Association (EFAMA) has unveiled new codes of conduct on responsible investing and corporate governance.

UK - CB Richard Ellis Investors has launched a property fund specifically designed for defined contribution pension scheme investors.