Europe

UK - Norwich Union is making several key changes to its pension products.

UK - Standard Life Investments has purchased business premises worth £15m on behalf of its Pooled Pension Property Fund.

UK - The £900m Dorset County Council Pension Scheme is set to appoint two hedge fund managers to run mandates worth a total of £45m.

UK - Lawyers have hit out at the government for "mis-selling" personal pension schemes.

UK - More than 4000 members of the Anglo United Pension Scheme fear they could lose up to half their benefits following the firm's collapse.

UK - Hewitt Bacon & Woodrow, part of the global HR outsourcing and consulting firm Hewitt Associates (NYSE: HEW), has warned employers and trustees should thoroughly review their pension scheme rules before the new Finance Act is introduced or face paying...

UK - Private equity firm Langholm Capital has invested £24.5m in new financial services provider Just Retirement.

UK - The new suite of simplified products will do nothing to encourage personal pension savings, research has found.

UK - The Financial Services Authority has had its decision to ban two financial advisers for failing to uphold their pension obligations upheld by a tribunal.

NORWAY - Norges Bank's NOK 942.4bn (e114bn) Petroleum Fund has recorded a negative 0.2% return in the second quarter of 2004.