United Kingdom

UK - The Government has unveiled tough new measures to safeguard members of final salary schemes in case their employers go under.

UK - The UK's Pensions Management Institute has elected Roger Cobley as president.

UK - International paper giant Felix Schoeller has axed its UK final salary scheme slashing pension entitlements by up to 60%.

UK - Rolls Royce aerospace engineering staff fear the firm will close their final salary scheme unless they agree to major changes in the pension fund.

UK - Ceramics manufacturer Pilkington Tiles is planning to freeze its final salary pension, with some experts fearing the move could indicate the start of a trend among mid-sized firms.

UK - Abbey National For Intermediaries has appointed Mike Brown as head of pensions and retirement.

UK - Standard Life has launched an investment planning tool for IFAs - but with the client in mind.

UK - Pensions Investment Research Consultants has highlighted a number of concerns it wants addressed at European Motor Holdings' annual meeting on June 17.

UK - Andy Carter has been appointed interim chief investment officer by Royal London Asset Management.

EUROPE/UK - European Union vice-president Neil Kinnock will get an enhanced pension - but only if he stands down before next May.