UK - Credit Suisse has appointed Tim Sweeting as head of institutional distribution for absolute return strategies in the Europe, Middle-East and Africa (EMEA) division for the asset management business.

GLOBAL - The US, Germany and UK have agreed on the need to draw up a code of conduct for the hedge fund industry, according to German finance minister Peer Steinbrueck.

TRADE unions could play a role in boosting private pension provision by helping companies set up industry-wide schemes, a fund manager says.

US - The California Public Employees' Retirement System (CalPERS) has turned up the heat on UnitedHealth Group's Inc over CalPERS' proposal allowing shareholders to nominate members to the company's board of directors.

UK - Russell Investment Group has sought feedback on how the T Standard measure could be improved.

BRITISH AIRWAYS has slashed its pension deficit after paying another instalment of a huge cash injection into its New Airways Pension Scheme.

ALMOST three quarters of Britons have lost faith in pension schemes, a survey by property website www.yourpropertyclub.com has revealed.

THE TOP 200 UK pension scheme have reported an aggregate surplus for the first time since accounting standard FRS17 was introduced in June 2001, latest research by Aon Consulting reveals.

UK - PricewaterhouseCoopers Legal (PWC Legal) has rocked the perception that trustees have the power to scupper potential deals and acquisitions.

UK - The Pension Protection Fund (PPF) has confirmed Martin Clarke's appointment as permanent director of financial risk.