Europe

UK - The £195.1m Independent Television News Ltd (ITN) Pension Scheme has dropped incumbent investment consultant Watson Wyatt for Aon Consulting, representing the firm's second mandate loss to Aon in recent months.

EUROPE - The Paris-based Committee of European Securities Regulators' (CESR) investigations into the possibility of mis-practices such as late trading or market timing in the European investment fund industry has revealed organisational weaknesses in...

UK - Only one in 10 public sector workers have saved enough for a comfortable retirement according to a local government pensions expert.

UK - Northern Trust has appointed Revel Wood product manager on its global fund services team.

UK - A financial adviser faces jail for taking £325,000 from a miners' group personal pension scheme.

UK - Standard Life Investments has been awarded a £75m segregated sterling corporate bond mandate by the £2bn Pensions Trust.

UK - The next 12 months will be crucial in determining the longtermsuccess of the UK pension system, the Society of Pension Consultants warns.

UK - Equities will offer better investment returns than bonds, property or cash in the short-term, SVM Asset Management predicts.

UK - Prudential is set to re-enter the personal pensions market after securing first place on national IFA Millfield's regulated multi-tie panel.

UK - The Pensions Trust has hired David Palmer as strategic investment officer to work closely with the investment committee in developing the Trust's investment strategy.