Europe

UK - Nvesta is launching a five-year fund with income and growth options based on the performance of the FTSE100 and S&P500 indices.

UK - Scheme trustees have been warned they will be held responsible for any information they give to members even if it comes from a third party.

UK - Building materials supplier Hanson is to make a one-off payment of £100m into its final salary schemes to help alleviate a £121m FRS17 deficit.

UK - The £650m Somerset County Council Pension Fund has gone out to tender for a £110m bond brief.

UK - Government pension reforms will cost pensioners much more than estimated, Liberal Democrats claim.

UK - Rolls Royce workers will have to "take most of the pain" for keeping their final salary scheme open.

UK - Plans to make pensions liabilities transferable under law will have a devastating impact on corporate rescues, a leading recovery specialist claims.

UK - Aspen Annuities has written to the UK's top 1000 pension schemes because it fears they may not be getting the best deal for their members.

UK - Workers are being barred from paying over £300m into their pensions every year by prohibitive tax rules on cross-border pension funds, new research shows.

UK - Bus company First Group has rationalised its 35 pension schemes into one new scheme for all its employees.