United Kingdom

UK - With-profits AVC (Additional Voluntary Contributions) funds are "significantly outperforming" unit-linked options, according to Watson Wyatt's AVC survey 2002.

UK - Pension holder complaints and enquiries have risen markedly over the last year, according to the Occupational Pension Advisory Service.

UK - Swiss Life Asset Management (UK) has appointed Georgie Robertson as associate director, client relations.

UK - The biannual NAPF Global Pensions Conference will be held at the Royal College of Physicians in London on September 25.

UK - Fortis Bank Information Banking has extended its data warehouse and reporting tool with compliance monitoring reports, providing a new service to institutional investors.

UK - More than 50,000 claims by part-time workers for backdated entry into pension schemes have been put on hold pending a series of test cases.

UK - Investec Asset Management has promoted Christine Johnson (pictured) to manager of its Guernsey-domiciled European high income bond fund.

UK - The £61m Orange Pension Scheme has denied reports that it sacked its investment and administration manager Equitable Life over fears of pension mis-selling.

UK - Fears over the strength of the US recovery led to a 4% fall in the FTSE Eurotop 300 in May.

UK - Axa Investment Managers has celebrated the first anniversary of its EasyETF equity index trackers by lowering its management fees for all of these products.