Europe

UK - Engineering group FKI is having to increase contributions into its pension scheme to plug an FRS17 deficit that has increased tenfold in the last year.

UK - A long-running dispute between British Airways' pensioners and trustees over controversial changes to scheme rules has reached the pensions ombudsman.

EUROPE - More needs to be done to stimulate the next European share price rally, according to fund manager Gartmore.

EUROPE - European banks accounted for 18% of Continental Europe's US$30bn subadvised mutual fund assets at the end of 2002, up from 10% in December 2000, according to Cerulli Associates.

UK - The pensions ombudsman has ordered the ministry of defence to review benefit payouts over the past 26 years.

UK - Hymans Robertson's annual investment conference will be held in Manchester and London next month.

UK - Staff at Marlow Foods are losing their final salary pension provision following the firm's sale by industry giant, AstraZeneca.

UK - City regulators will delay their crackdown on fund managers and soft commissions if the changes put the UK at a "competitive disadvantage".

UK - Publishing giant Trinity Mirror is gearing up to launch a defined contribution pension plan from the beginning of July.

UK - Law firm Wragge & Co is holding a pensions training seminar on professional indemnity.