Europe

UK - The Society of Financial Advisers' Find an Adviser internet service received more than 16,000 hits in the first quarter.

UK - Law Debenture director Andrew Gibson has died at the age of 52 after an heroic battle against cancer.

UK - The Association of Independent Financial Advisers has told the government that none of the Sandler stakeholder products can be brought to the public without advice.

UK - Friends Provident is running a series of six workshops in south-west England and Wales this month to help financial advisers expand business in corporate pensions.

UK - GlaxoSmithKline is to make substantial changes to its board of executives following sustained pressure from pension fund investors.

UK - Royal Mail is expected to reveal a £4bn shortfall in its pension fund in its annual report next week.

EUROPE - European venture capital suffered a traumatic start to the year as first quarter investment fell by around 39%.

UK - Young people are no longer relying on the government to provide for their retirement, latest research by Co-Operative Insurance Society shows.

UK - Schroder Investment Management has launched a fund-of-hedge fund, which is designed to achieve high returns under all equity market conditions.

UK - Private equity adviser VenCap International has promoted Tim Cruttenden to director of fund investments.