Europe

UK - Three private equity fund managers have invested a total of $122m (£67m) in financial risk management specialist, RiskMetrics.

UK - Council staff have warned the government they will take industrial action to defend their pension scheme.

SPAIN - The new Spanish pension fund for civil servants has shortlisted four investment managers to go through to the second stage of its selection process.

UK - Aberdeen Asset Management has been awarded mandates totalling $1.1bn (£605m) during the first half of its financial year.

UK - The Pension Protection Fund will struggle to cope if a large scheme closes, unless the levy is higher than government forecasts, Aon warns.

UK - British pension schemes may be forced to demonstrate active engagement with companies throughout the European Union, a leading consultant claims.

UK - Labour will win a third term in office if it makes pensions a top priority, trade union Amicus believes.

UK - LAW firms in Birmingham have established the first regional branch of the Association of Pensions Lawyers.

UK - Lower paid workers are more likely to have lost pension rights in recent years, a report by the Trades Union Congress claims.

UK - Shell Transport and Trading's annual general meeting on Monday will become a "milestone" in shareholder activism, corporate governance experts claim.