Europe

UK - The £660m Warwickshire County Council Pension Fund has appointed four new managers to run the fund's assets.

UK - Venture capital group Permira has ditched plans to make a renewed offer for WHSmith after failing to reach a compromise over the pension deficit.

UK - Most pension schemes do not have a formal governance policy in place, according to a new poll conducted by investment consultants Mercer.

UK - BBC technology workers are set to strike on the opening weekend of the Olympic Games over fears for their pensions if their division is sold.

UK - Pension schemes can look forward to a boost in overseas equity markets over the coming months due to global interest rate rises.

UK - The Veterans' Agency has been warned it could face a judicial review if it attempts to amend disability pension payments to a serviceman.

UK - Only 44% of adults have heard of the government's Pensions Credit initiative, a survey has found.

UK - Jim Randall (pictured) and Barry Sanjana have joined the board of Reliance Muitual.

UK - Poor performance in bonds and index-linked stocks saw pooled pension funds return 0.7% for the second quarter of 2004, new figures from Russell/Mellon reveal.

UK - AstraZeneca has given its employees the option of acquiring mobile phones or handheld %s through its flexible benefits scheme.