Europe

UK - Hewitt Associates is to handle all pension administration services for the Reuters Group Pension Scheme.

UK - New pensions minister Ian McCartney has "disappointed" leading industry figures by failing to outline any changes on annuities at the Trades Union Congress (TUC) conference in Brighton last week.

UK - Weatherall Green & Smith, part of one of Europe's largest property consultancies, has announced that current managing director Richard Baldwin will retire at the end of the year. Jonathan Morton, director in charge of consulting, will succeed him....

UK - Trustees are being urged not to take "any hasty action" following the dramatic falls in equity markets which began before terrorist attacks on the US.

UK - Consultants William M Mercer has given an initial guarded welcome to the government's proposals for reform of the Minimum Funding Requirement (MFR).

UK - Old Mutual Asset Managers (OMAM) has appointed Richard Moore as head of its UK growth fund.

UK - The £180m Raytheon Systems Pension Scheme is to review its investment strategy later this year.

SPAIN - Research by a foundation set up by Spanish bank BBVA has indicated that given growing life expectancy, the pensionable age in Spain should be put back by three or four years, according to a report in El Pais.

UK - Pension fund investment in property is misrepresented by performance measurement firms and the Office for National Statistics, a new report claims.

UK - Ashmore Investment Management's Russian Debt Portfolio has grown tenfold since the Russian devaluation crisis in 1998.