Europe

UK - A large proportion of British women face poverty in retirement because they are not contributing sufficient amounts to pensions, according to an Association of British Insurers report published today.

UK - Whistle-blower protection is a vital part of an effective anti-corruption system for international companies, Isis Asset Management claims.

UK - Corporate governance experts have backed property developer Quintain Estates and Development over ‘innovative proposals' to be put to shareholders.

UK - The asset value of Majedie Asset Management, the specialist UK equity investment boutique, has climbed to £750m since its inception just 18 months ago.

EUROPE - T Rowe Price Global Investment Services Limited has expanded its European presence with the opening of an office in Stockholm, Sweden.

UK - Trade union officials are threatening legal action if the Hilton group does not increase contributions to its UK final salary scheme.

UK - The European Private Equity & Venture Capital Association Institute is holding a financial officer and fund administration course on September 7-10.

UK - The Trades Union Congress (TUC) plans to step up its campaign for extending compulsion in pensions provisions later this month when it debates a report from its pensions task group at its Brighton Congress.

UK - Privately-owned investment management firm Baillie Gifford & Co has had a £7m fund management mandate renewed by the Scottish Parliamentary Contributory pension fund.

UK - Group 4 Securicor has been forced to scrap plans to merge two final salary schemes due to protected rights regulations.