Europe

UK - Employers must ensure effective scheme member communication when contributions are cut or schemes are closed.

UK - Jupiter Asset Management has made Emma Howard Boyd the head of its green department.

UK - Fund managers that track indices are doomed to underperform, according to State Street Global Advisors.

UK - Retail giant Boots is parting company with its corporate finance head, John Ralfe.

UK - Aon Consulting is considering closing its Birmingham office, Professional Pensions has learned.

UK - Berkeley Berry Birch, one of the UK's largest financial services distribution groups, has launched a dedicated employee benefits company - Berry Birch and Noble Employee Benefits.

UK/EUROPE - Mellon Financial Corporation has launched a UK operation for its global custody clients.

UK - Newspaper and magazine distributor Dawson Holdings has revealed an FRS17 deficit of £6m on its £30m pension scheme.

UK - The rising cost of meeting the minimum funding requirement is the main reason why engineering firms are closing final salary schemes to new members.

UK - Fund managers are offering pension schemes a poor choice on socially responsible investment, Watson Wyatt claims.