Europe

UK - Britain faces an EC rap over its tax treatment of pensioncontributions to non-domestic schemes.

UK - Gartmore Investment Management is targeting the DC market with its flagship retail fund, the Cautious Managed Fund, after opening it to institutional investors.

UK - Edinburgh Fund Managers has denied market reports that it has put itself up for sale.

UK - Oxford Advisors has launched a new version of its multi-manager Oxford Alternative Strategy Fund, aimed at institutional investors.

UK - Gissings is to host a free breakfast seminar on the government's pensions action plan.

UK - Fortis Prime Fund Solutions, a hedge fund and fund of funds administrator, has gone live with DSTi's HiInvest front and middle office suite.

UK - HSBC Actuaries & Consultants has made two appointments in its pensions consulting practice.

UK - Accounting software provider Euraplan and pensions governance solution provider UBSi are linking up to improve their service to schemes.

UK - Flexible scheme-specific funding rules will give trustees a doomsday weapon, law firm Hammonds warns.

UK - ISIS Asset Management has further expanded its in-house research team with the appointment of Mitchell Todd as the senior sector analyst covering life insurance, general insurance and property.