United Kingdom

UK - The GMB union is threatening Islington Council with legal action after it removed dinner ladies from the Local Government Pension Scheme.

UK - Scottish Life is urging the government to exclude the wealthy from its attempt to simplify the pensions system.

UK - Official Financial Services Authority figures show that a quarter of UK insurers are at risk of insolvency, according to international ratings agency Fitch.

UK - Trustee boards are more able to manage pension funds than the Myners' report suggests.

UK - Standard Life Bank has denied reports that it will offer "homes as pensions" deals.

UK - The weighting of IT companies in the FTSE All-Share index has shrunk from a 7% high during the technology boom in February 2000 to 1.1%.

UK - Beleaguered cable television and Internet provider Telewest has ignored pension fund objections and re-elected its chief executive and two other directors.

UK - Pensions minister Ian McCartney praised the selfless and often unsung work trustees carry out at the official launch of the Trustees Code of Practice.

UK - A leading pension scheme has attacked OPRA for acting too slowly over fraudulent pension liberation companies.

UK - A guidebook for trustees on managing third-party administration risk has been published by pension admin specialist Capita Hartshead.