Europe

EUROPE - Standard & Poor's has announced the retirement of Peter Jeffreys, 61, as managing director of Standard & Poor's Index Services Europe.

UK - Royal London Asset Management (RLAM) has become the first investment firm to centrally match cross-border live trades and use straight through processing (STP).

UK - Employees are willing to extend their working lives if employers offer flexible working arrangements, a survey by a career consultant shows.

UK - OPRA should be given greater powers and fewer constraints in order to enable it to operate more efficiently, says Buck Consultants.

UK - Edinburgh Fund Managers looks set to lose its biggest pension fund client, a move which would halve its institutional assets under management.

UK - Credit Suisse Asset Management has made Greg Sawers managing director and global head of research.

UK - Pension funds are under further pressure following rating agency Standard & Poor's decision to focus the spotlight on scheme liabilities when awarding credit ratings, claim senior consultants.

UK - The Government Actuaries Department saw a large drop in the number of actuaries it employs last year, reveals annual report reveals.

UK - Barclays Global Investors (BGI) has dispelled speculation that it is up for sale by insisting it will boost its funds under management in the coming months.

UK - The NAPF is urging shareholders to abstain from the re-election of FTSE250 company Carpetright's chairman and chief executive Lord Harris at its AGM on August 13.