Europe

UK - Andrew Meeson, the president of the Association of Tax Technicians, has stepped down from his post after being charged in relation to a £5m ($8m) pension tax fraud.

NORWAY - The Government Pension Fund Global returned -8.8% or -NOK284bn ($52bn) due to stumbling global stock markets, third quarter results show.

UK - Pension fund property manager Legal & General Property has restructured its senior management team by appointing a new director to oversee its range of funds.

UK - British defence firm BAE Systems' pension scheme deficit is creating "negative sentiment" among investors, lowering the target price for stock in the firm, banking analysts say.

DENMARK - Danish pension fund ATP returned 4.2%, or DKK15.7bn ($3bn), in the first three quarters of the year, bringing total assets under management to DKK554bn.

EUROPE - Finance practitioners generally echoed the welcome markets gave to details of the latest, expanded eurozone rescue deal, but said the "eye of the storm" will now move to focus on Italy and its beleaguered ruling coalition.

UK - The National Employment Saving Trust is set to develop its own internal market to switch equities and bonds between members' funds, its head of investment policy says.

Andrew Short talks to the EU commissioner

UK/Europe - The European Commission plans to adopt a "holistic balance sheet" approach to scheme funding rules which will treat sponsor covenants as assets, a consultation reveals.

UK - UK companies are likely to experience the same "painful" and problematic auto-enrolment implementation as Norway firms due lack of preparation and similar complex legislation, Mercer warns.