United Kingdom

UK/EUROPE - Northern Trust Global Investments (Europe) (NTGIE) has appointed Andrew Edgington as director of product management and development.

UK - The Government's latest proposals for pensions reform fail to give people sufficient incentives to save for their retirements or to ensure better deals for those retiring with money purchase pension funds, the Association of Chartered Certified Accountants...

UK - Pension providers should be obliged to offer customers access to a market leading guaranteed rate at retirement, says Watson Wyatt in its response to the Inland Revenue consultation paper, Modernising Annuities.

UK - Two shareholder meetings are of significance in the week beginning April 15, according to corporate governance specialists Institutional Shareholder Services.

UK - Standard Life is set to modernise its regulations to better reflect the size of the pensions provider.

UK - British pension funds have posted a negative 8.9% return for 2001 beating earlier predictions, according to new research from the WM Company.

UK - Clerical Medical Investment Management (CMIM), the asset manager of HBOS, has recruited a new portfolio manager to its European equity team.

UK - Legal changes increasing the jurisdiction of the pension ombudsman could lead to a greater number of member disputes for pension funds.

UK - Pension schemes which use specialist fund managers are being urged to specify in their contracts the actual manager who will run the account.

UK - Statutory Instrument 2002/437 (The Child Support, Pensions and Social Security Act 2000 (Commencement No. 11) Order) has been published, repealing the intended April 6, 2002 start date for the proposed new anti-franking regime.