Europe

UK/EUROPE - NeoNet, the global equity trading system, is opening a sales and representation office in London.

UK - Aspen has developed two annuity calculators that let trustees of defined contribution schemes evaluate what pension options are available to their members.

UK - Increasing pension fund investment in property could lead to a shortage of suitable property, UBS Global Asset Management warns.

UK - Mercer Human Resource Consulting is holding a conference on human resources on October 2-4 in London.

UK - Liberty Ermitage Group (LEG) has hired Sarah Allen as director - fund research.

UK - Royal & Sun Alliance (R&SA) group's UK life operation has been fined £1.35m by the Financial Services Authority (FSA) following gaps in the company's personal pensions review.  

UK - Local authority pension funds are changing investment procedures to fall into line with key principles in the Myners Report.

UK - Performance measurer Russell/Mellon CAPS has appointed Fraser Berrie as a client relationship manager, based in London.  

UK/EUROPE - UK coal mines look set to be the first companies to be hit by the Beckmann ruling which preserves early retirement rights for transferred staff.

UK - Henderson Global Investors has won two awards for its Horizon range of funds based on their performance over the last three years.