Europe

UK - Only one in five employees understand the value of their benefit packages, according to research conducted by the independent financial adviser Origen.

UK - Armitage Pet Products has appointed multi-manager Investment Solutions to run its closed DB pension scheme.

UK - Fund managers are under pressure to make schemes' equity holdings sweat more, a leading investment house says.

UK - Trust-based defined contribution schemes could virtually disappear when the simplified tax regime is implemented, a new study claims.

UK - Pensioners have criticised unions for failing to campaign for decent state pension provision.

UK - Mercer Human Resource Consulting has been appointed to provide administration services for Texas Instruments UK pension scheme.

UK - Axa has revamped its group pensions range by simplifying the application process for employees.

UK - ALMOST 80% of pension administrators are unhappy in their job, new research claims.

UK - ABBEY has added 56 institutional funds to its wrap self-invested personal pensions.

UK - The government is considering increasing the quota of member-nominated trustees on pension scheme boards from a third to one-half.