Europe

UK - The Trades Union Congress has welcomed moves by fund managers to open their voting records to scrutiny from pension scheme trustees.

ITALY - Fitch, the ratings agency, today warned that the Italian pension reforms were not "drastic enough" and would still not solve the problem of rapidly escalating fiscal costs.

UK - Credit Suisse Asset Management (CSAM) has appointed Mark Burgess as global co-head of equities.

UK - The Tuckerman Group has surpassed the $2bn (£1.1bn) mark in property assets under management.

UK - Scheme members who lost their pensions when their firms collapsed want the parliamentary ombudsman to investigate the Financial Services Authority.

UK - Mercer Human Resource Consulting is to hold two seminars on the advantages and disadvantages of flexible benefit and voluntary benefit arrangements.

UK - Property is a poor substitute for a good pension plan despite the recent surge in house prices, a new report warns.

UK - Network Rail will hold emergency talks with union chiefs tomorrow in a bid to avert strike action over pensions.

UK - Standard Life Investments has bought the freehold to an industrial warehouse in Walsall from GE Capital and Opus Land for approximately £7.7m.

UK - Watson Wyatt has appointed Neil Puxley as a senior consultant in its account management team.