Europe

UK - An increasing number of UK employers are adopting risk-sharing defined benefit scheme designs, according to consultants Watson Wyatt.

UK - HSBC Securities and Dresdner Kleinwort Wasserstein are the leading providers of socially responsible investment brokerage services, a survey of fund managers shows.

UK - The £360m London Borough of Barking & Dagenham Superannuation Fund is tendering for a £160m global equities manager.

UK - Fund managers could face legal action if they breach pension fund client mandate guidelines, Hewitt Bacon & Woodrow warns.

UK - Trade unions have vowed to "press ahead" with plans to sue the government over the pension rights of gay and lesbian workers, despite losing their case in the High Court.

UK - Scheme members are inundating trades union law firm Thompsons with requests for legal advice on "Bradstock-style" deals.

UK - Recruitment agency JWS Resources is marking its first year of trading by relocating to Maidenhead, Berkshire, to implement expansion plans.

UK - The Weir Group has awarded Goldman Sachs Asset Management an £85m UK fixed interest mandate mandate.

UK - Bernett Waddingham has been appointed to manage three defined benefit pension schemes for Renold, the world's largest chain manufacturer.

UK - Standard Life Investments' assets under management grew to a record £86.6bn in the first half of this year.