Europe

UK - UK pension schemes are the least satisfied with the value-for-money they get from fund managers, a study by Watson Wyatt reveals.

UK - The Investment Management Association is calling for a fundamental review of the taxation of funds and savings income.

UK - The Pensions Bill will encourage confidence in retirement saving and simplify existing legislation, pensions minister Malcolm Wicks says.

UK - The £840m Dorset County Council Pension Scheme has appointed Pioneer Alternative Investments to manage a £22.5m fund of hedge funds mandate.

UK - Nearly half of workers believe their employers are best placed to provide information on pension provision, research from Aon Consulting shows.

UK/EUROPE - PIMCO Europe Ltd has appointed David Viana and Tom Rice to high profile positions on its management team.

UK - Mercer Human Resource Consulting is developing packaged services that it claims will help companies manage their next generation money purchase and "legacy" final salary plans.

UK - Executive salaries will soar as employers compensate those over the £1.5m lifetime savings limit, a consultant predicts.

UK - Law firm CMS Cameron McKenna is holding a trustee training course next month.

UK/EUROPE - PIMCO Europe Ltd has appointed David Viana and Tom Rice to high profile positions on its management team.