United Kingdom

UK - Edis Partnerships is organising a seminar on career average revalued earnings schemes and their role as an alternative to money purchase plans.

UK - Energy giant BP has pledged to keep its £9bn final salary scheme open to new members and dismissed fears over its financial health.

UK/EUROPE - Credit Suisse Asset Management has launched an exchange traded fund based on the MSCI Euro Index.

UK/EUROPE - Access to the Eurobond market would be the biggest investment opportunity open to UK pension funds following entry into the Euro.

UK - Small actuarial firms face a bleak future unless they can find cost-effective professional indemnity cover, the industry warns.

UK/EUROPE - Goldman Sachs Asset Management is launching a fund which will invest in US mortgage backed and asset backed securities.

UK - The Financial Services Authority is asking fund managers to increase their disclosure on short selling.

UK - FPS Group is to provide administration, consultancy and actuarial services to the Bank of Pakistan's £3m final salary scheme.

UK - Merrill Lynch Investment Managers has made three of its most senior fund managers redundant as part of a cost-cutting exercise.

UK - The Church of England will review its £135m defined benefit pension scheme for clergy at the General Synod next month.