Europe

UK - Workshops on flexible benefit communications for IFAs and their clients are being held in London on September 2 and October 6.

UK - The £1.1bn Norfolk County Council Pension Fund is set to appoint a new manager for a global ex-UK equity brief.

UK - Scheme performance is suffering because UK fund managers lag behind their US counterparts in short-term trading and spotting undervalued firms, Bedlam Asset Management claims.

UK - Morley Fund Management's fund-of-hedge fund Alpha Optimum has reported its 12th month of positive returns.

UK - AXA Investment Managers has posted first half profits of e58.6m (£39.9m) - up 67% on the corresponding period last year.

UK - Independent trustees of the crippled Blyth & Blyth Pension Fund have cut pensions in payment by 40% due to the scheme's dwindling pool of assets.

UK - MPs will be able to avoid the £1.5m lifetime savings limit following a last-minute change to the Finance Act, lawyers say.

UK - Global Investment Systems is launching an Oracle database compatible version of MFACT, its shareholder accounting system.

UK - Annual bonuses for executives lack disclosure and are often poorly linked to company performance, an academic study shows.

UK - Shareholders are far happier for firms to have bank debts than scheme shortfalls, Mercer Human Resource Consulting claims.