United Kingdom

UK - Retail property offers pension funds the best protection against the recessionary risks facing the economy, Deutsche Bank Real Estate Research claims.

UK - Tory MPs have accused the Office for National Statistics of "bungling incompetence" over its latest figures for occupational pension scheme funding.

UK - British Airways Pension Scheme members have won their long-running battle to stop "surplus cash" being paid to the airline giant.

UK/EUROPE - Alternative asset manager Man Group is to buy Switzerland's RMF for $833m in a bid to become the world's largest hedge fund manager.

UK - The inclusion criteria for socially responsible index FTSE4Good has been revised for the first time since its launch last year.

UK - DC schemes should not rely on statutory money purchase illustrations to provide members with accurate pensions information, consultants warn.

UK - Hedge funds may be regulated by the Financial Services Authority after the number of funds tripled in the last year.

UK - Lattice Group Pension Scheme has announced that it has a net FRS17 surplus of £261m as at March 31.

UK - The £4.8bn West Midlands Metropolitan Authorities Pension Fund has invested £1m in the UK's first community development venture fund.

UK - Beleaguered telecoms giant Marconi has revealed a net FRS17 deficit of £126m on its £2.5bn GEC 1972 Pension Plan.