Europe

UK - Lombard Odier has appointed Fabrizio Pierallini chief investment officer for international equities.

UK - To coincide with the first anniversary of stakeholder pensions, the Association of British Insurers (ABI) has published ‘One year on - stakeholders revealed', a report providing the first detailed analysis of the stakeholder market.

UK - 'Final Salary - Better to live with or without?' is the title of the first in a summer series of morning briefings from Entegria to be held in Leeds, Birmingham, Reading and London on the following dates:

WALES - The £872.6m pension fund for the Rhondda Cynon Taff County Borough Council is tendering for a specialist bond manager to run £120-130m and will tender for a custodian in October.

UK - The legislation detailing the Occupational Pensions Regulatory Authority's powers on wind up (in TIS 43/01) has now been finalised and will come into force on April 1, 2002.

ITALY - The new Italian pension fund market has become a hotbed for fierce competition despite the low level of fees in the market.

UK - Gartmore Investment Management has produced a booklet to answer the 10 questions that its former boss - Paul Myners who headed up the Treasury's review of institutional investment - said pension funds should pose their investment managers.

UK - Gissings has been appointed by Parity Group, an international IT solutions company, to provide a range of pensions and investment advisory services.

UK - Drinks giant Allied Domecq is to drop Fidelity and the Equitable Life as its additional voluntary contribution (AVC) providers.

UK - BAe Systems has revealed that Aon Consulting is performing an asset liability modelling study on its four pension schemes.