United Kingdom

UK - The Engineering Employers' Federation (EEF) has welcomed a government pledge to review rules which prevent employees drawing a pension from the company where they still work.

UK - Charities are under growing pressure to close their final salary schemes in the face of rising fund deficits.

UK - Some 80% of asset managers would pay more for shares in companies with high corporate governance standards.

UK- Gartmore has hired Richard Wilson as senior portfolio managers within its pan-European equities team.

UK - Market share for enhanced annuities grew by 30% in the first half of 2002.

UK - Pensioners are being robbed of some £8000 off their final pension pot because of stamp duty on equity investment.

UK - The Financial Services Authority (FSA) has made three appointments at director level.

UK/EUROPE - Investment Manager Selection (IMS) has appointed David Furlong as its sales and client servicing director.

UK - COR Risk Solutions has launched BITA Jigsaw.

UK - Fund managers are bumping up the minimum threshold for segregated mandates in a bid to improve investment performance, a leading actuarial consultant claims.