Europe

UK - The National Association of Pension Funds (NAPF) has published a guide to reforms in the tax regime for pensions.

UK - UK equities boutique Majedie Asset Management has passed the £750m of assets under management mark - just 18 months after its launch.

UK - Mercer Human Resource Consulting is reorganising its retirement practice in a bid to cut costs and meet changing client demands.

UK - The Society of Pension Consultants is urging the Financial Services Authority to "shelve" plans to change money purchase scheme projections.

UK - Morley Fund Management - the investment arm of insurance giant Aviva - is to launch a high performance corporate bond fund aimed at schemes.

UK - Aegon UK chief executive David Henderson will step down from the post next March.

UK - Pension deficits at the 94 FTSE100 firms that have final salary schemes total £333bn, a report from investment bank JPMorgan claims.

UK - Workers who lost pension savings when their firms failed should be "pleased" to get 70% compensation from the government, two Labour MPs claim.

UK - Forcing small schemes to buy annuities could be the death knell for them, Independent Trustee Services warns.

UK - Gartmore has announced plans for four new multi-manager funds to meet the demands of its growing investor audience.