United Kingdom

UK - Workers at United Engineering Forgings lobbied ministers at the Labour Party's Blackpool conference over the £12m underfunding of their pension fund.

UK - Invesco, part of the Amvescap Group, has hired Patricia O'Loughlin as institutional marketing director.

UK - Unions are urging the government to bolster workers' pension rights and protect final salary schemes.

UK - Pension fund investment has nosedived between April and June despite an overall increase in institutional investment, figures from the National Office of Statistics show.

UK/EUROPE - Pan-European pensions moved one step closer yesterday as the European Court of Justice found in favour of Rolf Dieter Danner.

UK - The NAPF is to release a paper setting out radical proposals for reform of the UK pensions system next week.

BRAZIL/UK - Fund managers are losing confidence in Latin American's stocks amid concerns a socialist candidate in Brazil's presidential election will gain power.

UK - Towers Perrin is to stop carrying out actuarial business at its second largest office, it has been revealed.

UK - Insurance giant Prudential is to close its £4.8bn final salary pension scheme to new members early next year.

US/UK - Merrill Lynch has launched a new high yield issuer constrained index series.