Europe

UK - Bedlam Asset Management is offering pension funds £10,000 and a three-month fee holiday in a bid to lure them from Cazenove Asset Management.

UK - The National Association of Pension Funds (NAPF) has warned that the new Pensions Bill is likely to "kill off" all future forms of defined benefit workplace pensions including hybrid schemes.

UK - Hewitt Bacon & Woodrow has launched a fully integrated payroll solution for UK companies seeking to implement flexible benefits or outsource pensions administration.

UK - Rising equity markets have resulted in a slight easing of corporate scheme deficits, research by Mercer Human Resource Consulting reveals.

UK - Attempts by senior executives at leading fund management firms to regain investor confidence are being hampered by middle ranking staff, a new study claims.

UK - Around 7% of British American Tobacco's staff are using salary sacrifice to acquire mobile phones.

UK - The Universities Superannuation Scheme faces a massive administration exercise to trace members who have been underpaid for the past 30 years.

UK - UK pension funds are backing US accounting reforms which would force firms to disclose the cost of share-based payments to employees.

UK - The £2.3bn South Yorkshire Pension Fund's assets have risen by 20% over a 14-month period.

UK - Ashtenne Holdings is to sell off £132.7m of property to the Ashtenne Industrial fund.