Europe

UK/US - Local authority pension funds have called for News Corporation to overhaul its board structure in the wake of the phone hacking scandal.

Andrew Short explores the potential effects on pension schemes from the Bank of England's decision to embark on a second round of quantitative easing.

UK - The Bank of England has increased its quantitative easing programme by £75bn ($114bn) in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.

UK - Schemes are continuing to focus on equity performance risk despite reducing allocations to this class, research finds.

UK - Barnett Waddingham has been chosen by investment bank UBS to provide administration and actuarial oversight services for its longevity swaps service.

EUROPE - Europe's cental bank and even the IMF should share in the haircuts on Greek debt that seem increasingly inevitable for private bondholders,UK asset manager Schroders claims.

UK - Pension deficits have dropped to just over £300bn ($464bn) as a fall in the price inflation outlook shaved £50bn off scheme liabilities in a month, according to Xafinity.

EUROPE - Northill Capital has launched a new European credit asset management company, Goldbridge Capital Partners.

Investors responding to the EC's green paper on corporate governance agree institutions are responsible for improving corporate governance in Europe. But in the first of a three-part series, Emma Cusworth finds they take exception to the EC's view investors...

EUROPE - More than half (56%) of EU corporate pension funds now have an SRI policy in place while a quarter of those without intend to implement one within the next 12 months, research shows.