Europe

UK - Pensions minister Steve Webb has admitted as many as one million additional people would be excluded from automatic enrolment should be the qualifying level of earnings be raised to £7,000.

FRANCE - Fonds de reserve pour les retraites (FRR) has put its currency overly mandate out to tender.

UK - Coalition plans to introduce a universal state pension of £140 a week need serious investigation to assess whether they are fair and affordable, the Labour Party warns.

EUROPE: The Alternative Investment Fund Managers (AIFM) directive is set to be voted into law within the next two weeks after negotiators agreed the final text of the rules.

EUROPE - The investments, pensions and securities market is the least trusted by UK consumers, and considered as honest as the second-hand car industry by Europe.

UK/CANADA - The property arm of the Ontario Municipal Employees Retirement System (OMERS) has joined forces with the British Land Company to develop a £340m ($534m) City of London office block.

UK - The shift to CPI indexation could cut scheme liabilities by 3% but may not result in a one-off profit windfall for firms, an accounting task force has proposed.

UK - The government has lost its long running court battle over its obligations to fund the BT Pension Scheme deficit should it go bust.

UK - Uniq and the pension scheme trustees have come up with a revised funding agreement that could see 90% of the company's equity handed to the trustees.

UK - The state pension age will reach 66 by 2020, as part of the Spending Review.