Europe

UK - Balanced pooled funds have regained losses they suffered since the beginning of the year, the latest IMAGE survey by HSBC Actuaries and Consultants reveals.

UK - Laws forcing companies to meet their pension promises will be made retrospective, leading lawyers believe.

UK - Three local authorities are tendering for mandates worth nearly £600m.

UK - The £10bn British Coal Staff Superannuation Scheme (BCSSS) has moved almost half of its assets away from Goldman Sachs Asset Management to new managers.

UK - Unbundled defined contribution plans leave trustees open to future lawsuits from members, a leading IFA claims.

UK - Average member contribution rates could double to meet the escalating cost of running defined benefit schemes, industry experts warn.

UK - Custodian JPMorgan Investor Services is to carry out performance measurement and analytical services for Honeywell Pension Trustees.

UK - Shipping giant Maersk is being urged to abide by the "spirit" of the government's pension reforms and top-up benefits for Sea-Land Pension Plan members.

EUROPE - European governments are facing rising costs due to population ageing, a new report has warned.

UK - UK schemes have come bottom in a comparative study of global pension fund performance.