Europe

UK - The NAPF aims to launch its first multi-employer scheme this autumn.

UK - Pension schemes are becoming more aligned to flexible benefit programmes because of the migration to DC arrangements, a leading consultant argued.

UK - Pointon York Sipp Solutions has published a guide to self-invested personal pensions for IFAs and their clients.

UK - Schroders says that analyst research should be focused on the long-term and that building strong relationships with companies is vital.

UK - Celogix Property Fund has reported an increase in total investment return of 310% to e11.3m (£8m) for the year ended December 31.

UK - Mercer Human Resource Consulting has replaced Watson Wyatt as provider of actuarial and investment consulting services for EMAP's pension schemes.

UK - The Pensions Management Institute's new "ordinary membership" class has attracted 200 recruits in its first four months.

UK - First State Investments has appointed Louise Bradshaw institutional sales director. She will report to head of institutional business, Martin Harris.

EUROPE - JP Morgan Fleming Asset Management has boosted its fixed-income range with the launch of three new bond funds targeting European institutional investors, including pension funds and fund of fund providers.

UK - Trustees have been ordered to pay £10,000 compensation to a scheme member for deliberately delaying the transfer payment of benefits.