Europe

UK - Media giant Reuters is to offer its staff nine further equity, cash and gilt DC funds in a bid to boost member choice.

UK - Trustee Risk Management has launched a service aimed at assisting pension scheme trustees implement specific programmes of risk management.

UK - The Society of Pensions Consultants has held talks with the National Insurance Contributions Office on the payment of age-related rebates and guaranteed minimum pensions calculations.

UK - The vast majority of people do not feel secure that their pension will adequately provide for their retirement, a survey by IFA Lucas Fettes & Partners shows.

UK - Outgoing NAPF chairman Peter Thompson blasted governments past and present for a succession of policies which have left DB schemes too expensive to keep open.

UK - Workers at shelving company Dexion are set to lose up to 80% of their benefits after its pension scheme's deficit forced the company into administration.

UK/EU - New EU legislation will give defined benefit members the right to know what they would get if their scheme wound-up, Mercer claims.

UK - Schemes can give some members "better value" pensions by offering impaired life annuities, Watson Wyatt told delegates at the NAPF's annual conference in Glasgow.

UK - Delegates at the NAPF's annual conference were given an insight into the decision process behind three separate defined benefit scheme reviews in a series of workshops.

EUROPE - Some 87% of European fund managers think that investors lack faith in them to beat the current market downpour. The survey, which forms part of a series from research and ratings firm Morningstar Europe, also revealed that most fund managers...