United Kingdom

UK - Pension funds and insurance companies are joining forces to crackdown on excessive payoffs to disgraced executives.

UK - Two-thirds of companies are resisting the trend away from DB schemes, research from JPMorgan Fleming Asset Management.

UK - Newton Investment Management has appointed JP Morgan Fleming Asset Management's Audrey Lowrie as fund manager within its UK team.

UK - Pension funds have criticised Chancellor Gordon Brown for failing to address any of the issues facing the industry in his Budget.

UK - Following the closing of Schroders' new fund, Gresham Property Partners, the completion of the sale by Schroder Exempt Property Unit Trust (SEPUT), the UK's largest property unit trust (PUT), of a £93m portfolio to Scottish Widows and the issue in...

UK - Officers of the Pensions Management Institute (PMI) and the International Employee Benefits Association (IEBA) presented certificates and prizes to successful Diploma candidates following the IEBA agm on April 23.

UK - Fund managers believe that trustees have little interest in socially responsible investments (SRI), claiming that those that do invest in them are "primarily interested in protecting their own reputations and deflecting criticism".

UK - Consulting actuarial firm, Punter Southall has today appointed Graham Forest-Jones as marketing director.

UK - Schroder Investment Management's sterling bond team has been appointed by Yorkshire Electricity Group to manage a £280m sterling bond mandate for its pension scheme.

UK - Beleaguered investment house Edinburgh Fund Managers (EFM) has hired a new chief investment officer.