United Kingdom

UNITED ARAB EMIRATES/UK - Abu Dhabi's state investment authority has confirmed it has become a minority shareholder of Gatwick airport.

SWITZERLAND/ITALY/UK - Swisscanto is planning a move into the Italian pension market after a recent expansion into the UK, a company official said.

UK - A former trustee has questioned The Pensions Regulator's powers when it comes to enforcing contribution orders against foreign parent companies.

SOUTH KOREA/UK - The US private equity owner of Gatwick airport has confirmed that it will sell a 12% stake to South Korea's state pension fund.

UK - The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.

UK/US - The Reader's Digest Association said The Pensions Regulator will not approve a rescue plan for its pension scheme, throwing the future of its UK business into jeopardy.

UK/US - Affiliated Managers Group and the management team of Artemis Investment Management have bought Artemis from Fortis Bank for an undisclosed sum.

UK - A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.

UK - The "administrative nightmare" of auto-enrolment into National Employment Savings Trust will divert necessary attention from the scheme's investment strategy, the Pensions Institute warned.

GLOBAL - Investors in Australia, the UK and Sweden ranked highest in a new "Environmental Real Estate Index" developed on the back of a global environmental survey commissioned by three large European pension funds.