Europe

EUROPE - Peter Roemer has been appointed chief executive of officer of Credit Suisse Asset Management, Europe.

UK - Pension funds must keep faith in equities and ignore the "inherently absurd" arguments against investing in stocks, Chiswell Associates says.

UK - Insight Investment is set to offer schemes structured products to meet the "growing demand" for liability-matched mandates.

UK - The Occupational Pensions Defence Union is holding an open annual meeting at the London offices of Freshfields Bruckhaus Deringer on November 13.

UK - One in four adults spends more on the National Lottery than pensions, hoping for a big win to fund their retirement, Legal & General claims.

UK - Record numbers of local authority mandates out for tender are still weighted towards equities despite recent market falls, an expert claims.

UK - Independent financial advisers are the most trusted source of information on pensions, a survey conducted for Standard Life shows.

UK - A scheme has been told to pay £1000 in compensation after giving incorrect advice on the level of a member's pension benefits.

UK - Pension funds and insurers are to review their best practice guidelines on rewards for failure in a bid to discourage government legislation.

UK - Employees are being consulted at plastics and packaging group BPI over plans to increase contribution rates into the final salary scheme.