Europe

UK - The Financial Services Authority is looking at whether it is communicating alternative annuity options successfully to upcoming retirees.

EUROPE - CLS Bank has completed its first trades in Danish, Norwegian and Swedish kroner one year after it went live.

UK - Challenges and choice in pension design will be addressed at the Society of Pension Consultants' third strategic conference.

UK - Scottish Life is to hold a series of roadshows aimed at bringing IFAs up to speed with industry developments.

UK - Gas meter readers are calling for a strike ballot after being told they will not have access to their final salary scheme when their jobs are transferred.

UK - Isis Asset Management is launching an investment trust which will focus on UK commercial property.

UK - Airways Pension Scheme trustees have been reprimanded for "using threats" to stop a complaint reaching the pensions ombudsman.

UK - Pensions ombudsman David Laverick has repeated his call for stronger regulations on the action of independent trustees.

UK/US - Schemes and fund managers have vowed to forge stronger transatlantic corporate governance links following a landmark meeting organised by the Universities Superannuation Scheme.

SCOTLAND - Aviation and distribution group John Menzies is ending an eight-year contribution holiday at its final salary scheme, which has a £31m FRS17 deficit.