United Kingdom

UK - Regularly updated benefit statements are one of the keys to maintaining employee trust in pension schemes, PricewaterhouseCoopers (PwC) says.

US/UK - Hedge fund manager Discovery Capital Management has selected UK-based software publisher Trema to provide it with straight-through processing and risk management systems.

UK - HBOS is rebranding its fund management operations as part of its efforts to become a top five manager of UK, European and pan-European equities.

UK - Members of the London Pension Fund Authority (LPFA) will get a chance to meet and question those who manage the scheme at its ninth fund members' forum.

UK - The government has outlined details of what it sees as the "three pillars" of pensions reforms.

UK - A shortage of commercial property is pushing up prices, property consultant Cluttons says.

UK - Schemes should brace themselves for further falls in UK and US equities because both are still overvalued, fund managers say.

UK - City analysts believe a £373m surplus at the £11.7bn Lattice pension fund has turned into £470m shortfall over the last three months.

UK - Grant Thornton has recruited Ann Bristow as the financial planning client service director.

UK - Alan Pickering's proposals to do away with index-linked pensions and survivors' benefits continue to attract a wave of criticism.