Europe

UK - More deferred pensioners from defunct ship repairer Cammell Laird have joined the fight over their entitlements.

EUROPE - Fortis Investment Management, the asset manager of Fortis, has opened an office in Luxembourg.

UK - Thousands of former Equitable Life members are threatening to sue the financial ombudsman service unless it speeds the processing of claims.

UK - Ministers must toughen up the regulation of occupational pension schemes or risk facing another Maxwell scandal, a committee of MPs has warned.

UK - Pension funds have plunged in value by almost a fifth in real terms in the past 12 months - the largest fall in more than 20 years.

EUROPE - EIM Group, a well-known player in the hedge fund-of-funds industry, is opening two new offices in Paris and Monaco.

UK - Short-changed members of the Sea-Land Service Pension Plan have called on OPRA to override the scheme's principal employer, Maersk, and appoint an independent trustee.

UK - Financial software designer Synaptic Systems has produced Client Manager, a distance learning CD-ROM for its new CRM software.

EUROPE - Alan Pickering, chairman of the European Federation of Retirement Provision (EFRP), has outlined his opposition to compulsory employer contributions within Europe's pensions markets.

SCOTLAND - Forth Ports has revealed that its net FRS17 deficit has more than trebled in the past year from £6.4m to £21.5m.