Europe

UK - Fidelity has appointed Paras Anand and Richard Lewis to head up its pan-European and global equities divisions.

UK - The Pension Protection Fund has confirmed the levy estimate for 2012/13 will be £550m ($860m).

EUROPE - S&P's decision to downgrade Italian debt adds to the pressure on EU legislators to take more decisive action to deal with Europe's mounting debt problems.

UK - Uniq, the chilled food supplier still 90% owned by its pension scheme, has reported a 47% rise in operating profits to £4.7m ($7.3m)in the first half of the year.

UK - Latest longevity projections from the Continuous Mortality Investigation will have a minor affect on pension scheme liabilities, Aon Hewitt says.

EUROPE - Eurozone indices sold off sharply in early trading as fears over a break-up of the region swept across markets once again.

UK/SWITZERLAND - Swiss banking giant UBS has raised its estimate of the losses allegedly caused by rogue trader Kweku Adoboli to $2.3bn.

UK - The Pensions Bill will have its third reading in the House of Commons on 18 October.

EUROPE - Ratings agency Moody's has placed UBS' Aa3 rating on review for downgrade following its $2bn unauthorised trading loss.

UK/DENMARK - NOW Pensions, the new scheme to be launched by Danish group ATP early next year, has vowed to bring "highly competitive" charges to the UK market.