Europe

UK - ABN AMRO Mellon Global Securities Services has replaced the Bank of New York as global custodian to the Corporation of London.

UK - Fund managers are backing moves by regulators to stop directors "destroying" shareholder value when they move to delist firms.

UK - Workers do not want to phase-in their retirement despite government pressure on them to do so.

UK - Warnings by schemes and fund managers over the financial implications of climate change have been endorsed by environment secretary Margaret Beckett.

UK - Friends provident has set up a sales management team to distribute its pensions products through IFAs.

SWITZERLAND/BELGIUM - KPMG has sold its consulting and actuarial businesses in Switzerland and Belgium to Mercer and Aon for an undisclosed amount.

UK -The National Association of Pension Funds' annual investment conference will be held in Edinburgh on March 17-19 next year.

UK - Trustees have won the right to stop a pensioner assigning his pension rights to pay a court judgement against him.

UK - Financial Services Authority proposals to set out an ethical framework for members will "restrict" rather than promote higher standards, investors warn.

UK - Seven trade unions are pushing ahead with a legal challenge over pensions laws which, they say, discriminates against gay couples.