Europe

UK - The Association of Property Unit Trusts has teamed up with its European counterpart to promote best practice and transparency among pooled property vehicles.

UK - Finance unions Unifi and Amicus have merged and warned employers not to attempt to "whittle away" pension entitlements.

UK - UK private equity funds have outperformed pension fund returns and the principal stock market indices over the medium to long-term, a new survey reveals.

UK - Gartmore Investment Management has added to its AlphaGen single strategy hedge fund range with the addition of a European financials hedge fund.

UK - KAS Bank has been appointed as custodian to the £223m Cheviot Trust pension scheme.

UK - The £1bn West Sussex County Council Pension Fund has resisted industry moves towards specialist management and reappointed UBS to run a £445m balanced mandate.

UK - The £13bn cost to UK business of sickness absence can be reduced by effective risk management, employee benefit experts claim.

UK - TGI Friday's has slashed its staff turnover rate by nearly 60% within three years, after implementing its "fun" benefits and working practices.

UK - The link between state pensions and earnings will be restored if the Conservatives win the next general election.

UK - Friends Provident has given a donation to a multiple sclerosis charity as part of former soccer star Danny Wallace's testimonial on Monday.