Europe

UK - Soaring pension fund deficits threaten to blow a hole in government tax revenues as companies pump more money into floundering schemes.

UK - Hargreaves Lansdown is holding a one-day conference to examine the pensions decisions faced by company directors and trustees.

UK - The government is set to legislate on transaction costs following Paul Myners' attack on fund managers' fees, industry figures believe.

UK - OPRA is to attend a series of Inland Revenue roadshows to help employers catch up on the latest developments in occupational pensions, tax, payroll and electronic business.

UK/EUROPE - Platinum Capital Management, the international financial and investment group, has hired Paul Graham as director for UK & Europe.

UK/EUROPE - Platinum Capital Management, the international financial and investment group, has hired Paul Graham as director for UK & Europe.

UK - Deutsche Property Asset Management chief executive Simon Cooke is standing down to spend more time with his family.

UK - Canada Life is widening the investment choice available for its life and pension products.

UK - Unions are being urged to use their shareholder power to encourage socially responsible investment and good corporate governance.

UK - Bank of Ireland-owned IFAs Chase de Vere Investments and MX Financial Solutions are to merge with the loss of 350 jobs - 40% of the total.