Europe

UK - Fashion group Burberry has admitted that parts of chief executive Rose Marie Bravo's pay package may contravene corporate governance rules.

UK - Money-broking firm Icap has promised to review a share scheme that was opposed by 22% of shareholders at the firm's annual general meeting last week.

UK - British Telecom is considering changing its compulsory retirement age ahead of government legislation to give people the right to work longer.

EUROZONE - Pension funds within the eurozone breathed a sigh of relief in July as the US dollar ceased to fall, slipping into the summer trend of sideways trading.

UK - Jeremy Podger has joined Threadline Investments' global equity team from Investec Asset Management where he was head of continental European institutional equities.

UK - Property is becoming a core investment for pension funds, as a result of its low correlation to other assets and low volatility, said a survey from JPMorgan Fleming Asset Management.

UK - The TSW Group Pension scheme has been ordered to reinstate a widow's two-thirds pension after slashing it to protect its "finely balanced" funding status.

UK - Public sector unions are warning of industrial action unless the government scraps plans to increase the retirement age of workers.

UK - Pension funds gambled on faster economic growth in the second quarter and posted their best returns since 1999, latest Russell/Mellon CAPS figures show.

UK - Scheme funding problems were a major factor behind the government's decision to pump an extra £800m into the education sector.