Europe

UK - Undertaker Dignity is reviewing its final salary scheme arrangements and considering closing them to new members.

UK - Forcing final schemes to be funded at buyout levels will place a huge cost burden on employers, a leading consultant warns.

UK - Rathbone's self-invested personal pension was the only scheme to achieve the top five-star rating in a survey by financial research company, Defaqto.

UK - Abbey National faces a potential shareholder backlash at today's annual general meeting over "exceptional bonuses" paid to top executives.

UK - RMB International has launched a bespoke portfolio construction service for pension schemes.

UK - Trustees need greater awareness of a sponsoring employer's financial health to comply with new regulations, a leading accountant and auditor warns.

UK - New members on the National Association of Pension Fund investment and benefits councils will play a key role in leading debate and influencing government policy, the association claims.

UK - National Counties Building Society Pension and Life Assurance Scheme's investment strategy is under review by HSBC Actuaries and Consultants.

UK - Union officials will issue a strike ballot to Network Rail staff next week after the firm pressed ahead with plans to close its final salary scheme to new members.

UK - Raising Standards of Pensions Administration will hold its annual general meeting on May 11 at Freshfields Bruckhaus Deringer's London offices.