Europe

UK - Members of mobile phone firm O2's final salary scheme have avoided the scheme closing by voting to increase their contributions from 6% to 10%.

UK - Schemes could be paying hundreds of thousands of pounds more in annual administration fees than their peers, research from Kim Gubler Consulting reveals.

EUROPE - An EU-wide plan to improve the sustainability and equality of pension schemes has been given the green light.

UK - The combined deficit of the UK's biggest schemes remains unchanged from six years ago at £68bn (108bn), despite contributions of more than £50bn, figures reveal.

UK - The UK inflation rate rose to 4% in January, which is double the government's target and up from 3.7% the previous month.

UK - Almost three-quarters of schemes are committed to long-term de-risking strategies but the majority still plan to demand extra employer contributions, an Aon Hewitt poll reveals.

UK - Hedge fund investors must stop "undermining" one another by accepting inadequate terms, the Universities Superannuation Scheme believes.

UK - The John Lewis Partnership Pension Trust has sold its remaining holding in online grocer Ocado, it announced today.

UK - The National Employment Savings Trust has started recruiting for employer and scheme panel members to represent views of stakeholders to the corporation's trustees.

UK - Treasury plans to increase public sector employee pension contributions by 3% could destroy the Local Government Pension Scheme, the London Pensions Fund Authority warned.