United Kingdom

UK - Actuaries should become more open, develop a better understanding of clients' businesses and make their work more transparent, the Institute of Actuaries' new president says.

UK - Singer & Friedlander Investment Management (SFIM) has appointed Andrew Impey as director and head of UK equities.

UK - Barclays Global Investors' active UK equity fund, Ascent Life UK Advanced Active, has outperformed the FTSE All Share Index by 0.75% in the second quarter.

UK - Fund managers are reporting an upsurge of trustee interest in multi-manager products, particularly at smaller schemes.

UK - Falling standards of administration and communication have sent complaints to the Occupational Pensions Advisory Service soaring to record levels.

UK/EUROPE- Pensions are the most important method of saving for British investors, with 23% of people being involved in some sort of pension scheme.

UK - Legal & General is to offer a wider and more flexible choice of funds for its "pension fund supermarket" - the Trustee Investment Plan.

WALES - A primary school teacher is expected to win £57,000 in lost pensions contributions after a court ruled he had been sacked illegally.

UK - Two former Jones Lang Wooton fund managers have teamed up to launch their own property fund management business, Mayfair Capital Partners.

UK - The pound's steady fall against the euro over recent weeks will help UK companies boost overseas sales and buoy equity values, Barclays Global Investors predicts.