Europe

UK - Dunnett Shaw & Partners has appointed Kath Lyons as a consultant in its Sheffield office.

UK - Lifetime value-protected annuities would be only slightly more expensive than those offered until age 75, Legal & General research shows.

UK - Hedge funds are "proving their worth as an asset class" with returns averaging 1.2% over the past 12 months, fund managers say.

EUROPE - Europe could prove to be the next hot bed for money market managers.

UK - The final members of the government's new pension commission have been named as Jeannie Drake and John Hollis.

UK - International tractor giant Agco faces up to a £40m increase in pensions liabilities after the High Court ruled against its plans to cut employees' benefits.

UK - Rael Gordon has been made group chief executive of financial services group Alexander Forbes.

ITALY - A new Ethical Index Euro ETF (Exchange Traded Fund) Bloomberg (B1ET IM) has started trading on the Italian Stock Exchange.

UK - Executives will be racing to boost their pensions before savings limits are introduced next year, consultants claim.

UK - Steve Coxshall has been hired as head of international OEIC sales for Jo Hambro Capital Management (JOCHM).