Europe

FRANCE - UFE, the French electricity industry employers' association, has been presented with a draft government bill on proposed reforms to the pensions structure of the country's gas and electricity sectors, writes Les Echos.

UK - F&C Management has completed the deal to outsource the administration of its e60bn (£41bn) institutional business to Mellon Global Securities Services.

UK - Union bosses will ballot members on a new pensions package proposed by engineering giant Rolls Royce in a last ditch attempt to avert industrial action.

UK - Hedge fund specialist Man Investments has launched a multi-strategy fund which, it claims, will provide schemes with returns of up to 17% per annum.

UK - Aberdeen Asset Management chief investment officer Katherine Garrett-Cox is to join rival Morley Fund Management.

UK - The Trades Union Congress has introduced a pensions link on its website in a bid to encourage retirement saving.

UK - The World Gold Council (WGC) had conceded that institutional interest in gold investment remains "minimal" as it looks to carve greater inroads into the market with the publication of a new report next month. The WGC has commissioned Mercer Human...

UK - Members of Barnardo's pension scheme have been told to choose from four measures to help slash a deficit in its £230m fund.

UK - Bond and equity advocates will be leading the "great debate" at accountant Horwath Clark Whitehill's pension forum on Tuesday.

UK - JPMorgan Treasury Services has appointed Tim Decker as vice president and promoted Andrew Harding to the position of corporate liquidity specialist.