Europe

UK - Alan Pickering is to discuss his Simplification Report in a seminar held by law firm Norton Rose in London on September 4.

UK - OPAS has called for the minimum funding requirement to be raised to 130% in a bid to cut the number of shortfalls occurring in wind-up.

ITALY - Insurance companies in Italy are set to benefit from growth in the pensions market as investors start to look at specific products for saving for retirement.

UK - Computer giant IBM has bought PricewaterhouseCoopers' consulting business for US$3.5bn (£2.2bn) in cash and stock.

UK - Investment manager Jones Lang LaSalle has seen a 5% drop in revenues over the last year.

EUROPE - Although many funds investing in developed markets have experienced a torrid time recently, this has not been the case for those focused on emerging and eastern Europe, according to latest analysis published by Standard & Poor's.

UK - FTSE-listed companies have increased directors' remuneration for the eighth year running despite widespread falls in company value, according to new research by the Labour party.

UK - Lloyds TSB's defined benefit pension schemes have slumped 10% in value over the last six months - falling from surplus to deficit.

UK - Morley Fund Management's half-year profits slumped to £6m, a fall of £8m from last year.

UK - Past benefit statements will be used by members of the KPMG fund as key evidence in their imminent court battle over pension rights.