Europe

UK - The £78.5m Aon Pension Scheme is setting aside 10% of its fund to make its first allocation to property.

UK - Watson Wyatt has appointed Morag Bramley as head of flexible benefits.

UK - Regulators have taken the unprecedented step of appointing an independent trustee at a solvent company.

UK - Aberdeen Asset Management has acquired Edinburgh Fund Managers in an all share deal worth £36m.

EUROPE - Fund managers across Europe must alter their sales processes radically to boost win rates and cut costs, new research suggests.

UK - The £100m University of Bristol Pension and Assurance Scheme has hired SEI Investments to run all of its assets.

UK/EUROPE - Brown Brothers Harriman is hiring of Ciaran McNamee as head of european strategy, sales and marketing for the firm's global securities lending group in London.

UK/EUROPE - Brown Brothers Harriman is hiring of Ciaran McNamee as head of european strategy, sales and marketing for the firm's global securities lending group in London.

EUROPE - European portfolio managers could be at risk of not receiving adequate company research from brokers, as their needs may be sidelined by demands from institutional traders.

UK - The government's moves to safeguard pensions will hasten the death of defined benefit schemes, Association of Consulting Actuaries' chairman Gordon Pollock warns.