Europe

UK - Royal London Group has appointed Robert Jeens as a non-executive director.

UK - The UK office of State Street Global Advisors has been presented with a Queen's Award for Enterprise in International Trade.

SCOTLAND - The £935m Aberdeen City Council Superannuation Fund has taken its first tentative steps towards a strategic change following its release of Friends Ivory & Sime.

UK - MTL Instruments has dropped Mercer Human Resource Consulting as actuary to its £13m defined benefit scheme and appointed Gissings as its replacement.

UK - Trade secretary Patricia Hewitt has dismissed calls to delay the implementation of Derek Higgs's proposals on the role of the non-executive director.

UK - The government should replace its £1.4m savings limit with a "contributions limit" to encourage people to save earlier in their career, Legal & General claims.

UK - Pensions law firm Sacker & Partners has promoted solicitor Faith Dickson to partner and Peter Murphy to associate.

UK - ISIS Asset Management has appointed Richard Fletcher to the role of director, head of credit analysis.

UK - Police officers may be allowed to carry on working while drawing their pension if a pilot study to retain personnel proves successful.

UK - More than half of UK schemes have ruled out investing in hedge funds, research from JPMorgan Fleming Asset Management reveals.