Europe

UK - Pensions Management Institute is setting up a new group for independent trustees.

UK - Most final salary and money purchase scheme members fear they will not have enough money when they retire, research by Gissings reveals.

UK - Rebecca Collinson has been appointed group pensions and benefits manager at Kingston Communications.

UK - Schemes fear they could be missing out on high investment performers because consultants rule out fund managers that have undergone key personnel changes.

UK - Aegon Asset Management has parted company with its former head of UK equities Steve Laidlaw.

UK - Trade union anger over the closure of final salary pension schemes could be quelled if firms took a "more flexible" approach, a pension law specialist claims.

UK - Part-time workers are being given retrospective membership of the Co-operative Bank's final salary scheme.

EUROPE - Goldman Sachs Asset Management (GSAM) is going all out to capture the traditional business of consultants in launching its own asset advice service which encroaches further up the pensions management supply chain than any fund manager has before...

UK - Insight Investment engaged with 94 companies on corporate governance and socially responsible investment on behalf of pension funds during the last quarter.

UK - Firms are being warned not to play "fast and loose" with FRS17 investment return assumptions to boost their waning accounts.