Europe

UK - In Hong Kong PCCW's change to its retirement scheme provoked a street protest from 1,000 employees in May.

UK - Workers only value having a final salary scheme when they get close to retirement, a new survey reveals.

UK - The corporate governance firm formed by the NAPF and US-based Institutional Shareholder Services will slash pension funds' voting service fees, experts claim.

UK - Some of the UK's most prominent critics of excessive corporate pay are enjoying large annual incomes themselves, new figures show.

EUROPE - Pension fund investment in the European private equity market plummeted by 58% in 2002.

UK - Two of the UK's biggest pension schemes have bought a minority stake in Israeli investment firm Koor Industries.

UK - The Pensions Trust has joined the GoodCorporation's network of socially responsible organisations.

UK - Isis Asset Management has urged pension funds to invest responsibly, stressing that it does have to mean sacrificing on investment return.

UK - Workers are missing out on tax relief totalling £560m by failing to "optimise" their contributions into occupational pension schemes, IFA Promotion claims.

UK - The Church of Scotland's pension schemes could face a funding crisis until 2035 unless urgent steps are taken to plug a £60m deficit, trustees warn.