Europe

UK - The Pensions Regulator's determinations panel has ruled six subsidiaries in the Lehman Brothers group should provide financial support to the pension scheme.

DENMARK - A consortium consisting of pension funds ATP and PFA Pension and insurance companies Folksam and CPDyvig has agreed to acquire FIH Erhvervsbank for DKK5bn ($879m).

UK - The UK's biggest firms have pumped £13bn into their defined benefit pension schemes in the last 12 months, research shows.

UK/DENMARK - Global Pensions editor Raquel Pichardo-Allison speaks to Morten Nilsson, head of ATP's international operations about the Danish pension fund manager's UK expansion plans.

FRANCE - A bid by French president Nicolas Sarkozy to raise the official retirement age from 60 to 62 by 2018 has been approved by the lower house of parliament.

UK/SCANDINAVIA - UK pension funds are lagging behind their Scandinavian counterparts in allocating to alternative asset classes, a consultant says.

EUROPE - The trade associations for securities lenders such as pension funds, and for hedge funds, have each criticized key planks in European Commission proposals to regulating short selling, issued today.

UK - The £337m ($523.8m) Next Group Pension Plan has undertaken a £124m buy-in deal for the defined benefit section of the scheme, half year results reveal.

UK - PricewaterhouseCoopers has been forced to undertake an exhaustive review of its client base after the Financial Reporting Council discovered it was acting as auditor to a company while providing actuarial services to its defined benefit pension scheme....

UK - ‘Beauty parades' used to hire traditional investment managers don't work with transition managers, said Andrew Williams, principal at Mercer Sentinel.