Brussels, 13/05/2003 (Agence Europe) - The Ecofin Council has adopted the "pension funds" directive, which will allow professional pension institutions to offer their services throughout the European Union. Proposed by the Commission three years ago, the directive lays down rules of caution, obliging the funds to diversify their assets (no more than 30% in currency and 70% in shares and bonds), and stopping chain reactions (funds can only invest up to 5% of their assets in the shares of an...