Europe

EUROPE - Smaller private equity funds face being pushed out of the market as European institutional investors chase the relative security of bigger offerings, new evidence suggests.

UK - Women will face poverty in retirement unless the government acts quickly, Age Concern and the Fawcett Society warn.

UK - Law firm Wragge & Co is to hold a trustee training seminar on June 10 aimed at helping trustees understand their legal duties and responsibilities.

ITALY - Scottish Widows Investment Partnership has appointed Francesco Albano as new head of Italian business development as it looks to make inroads into the local market.

EUROPE - Credit Suisse Asset Management has unveiled a new open-ended fund which combines both growth and value investments.

UK - Winterthur Life has appointed Chris Schnor as chairman of Winterthur UK financial services.

UK - Full members of the Social Housing Pension Scheme may be forced to subsidise employers which secretly close entry to new workers.

UK - An online discussion forum for local authority pension managers has been set up by communication consultants Anthony Hodges Consulting.

UK - Trustees must liaise with sponsoring employers on financial planning for their pension schemes or risk having to disinvest assets, Jardine Lloyd Thompson warns.

UK - Accountancy firm Thomas May & Co has teamed up with Beckett Financial Services to offer its clients investment, pensions and financial planning advice.