Europe

UK - Shipping giant The Maersk Company is not challenging OPRA's decision to appoint an independent trustee to oversee the winding-up of its UK final salary scheme.

UK - Pensions provider Winterthur Life has almost doubled the number of investment funds it has on offer in a bid to win new IFA business.

UK - Raj Dutta has joined Key Asset Management as a senior relationship manager based in London.

UK - Pensions ombudsman pleas for extra staff have been turned down by the government.

UK - Mitchells & Butlers has unveiled a £1.9bn securitisation of its UK pubs and restaurants business partly to fund additional pension contributions.

UK - Defined contribution plans are not a safe haven from the minefield of final salary regulatory burdens.

UK - Seven ex-Gurkhas who claimed they deserved the same pension provision as British soldiers have lost their case for discrimination.

UK - Henderson Private Capital - the private equity arm of Henderson Global Investors - has taken over Vacant Property Securities for an undisclosed sum.

UK - The average pension has dropped in value by almost two-thirds during the past three years, new figures reveal.

UK - Anthony Hodges Consulting has appointed John Sansone as a principal consultant and Lorrie Burton as a consultant.