14 Icelandic pension funds have struck a deal to buy 25 percent of energy company HS Orka. The chairman of Jardvarmi — a company specially set up by the pension funds for this deal — says that no future major decisions will be taken at HS Orka without the pension funds’ approval. Read the full story

The ongoing debate on pension talks in Finland continues to stall; with representatives from employer-guilds and unions unable to reach an agreement over a proposal to extend the statutory retirement age. Read the full story