United Kingdom

UK - Co-operative Insurance Society (CIS) is taking its range of defined contribution pensions to the wider corporate market.

UK - Schroders the London-based international asset management group, has launched the Schroder Private Equity Fund of Funds.

UK - William M Mercer has been appointed pension and benefits consultant to BUPA Pension Scheme and adviser to the BUPA Group for its overall pension strategy.

UK - The £24m pension fund for bathroom manufacturers Jacuzzi Group has dumped Schroder Investment Management (SIM) as part of an asset review.

UK - William M. Mercer has been appointed as investment consultant to the combined £380m Huntsman-Tioxide pension scheme.

UK - The Financial Services Authority (FSA) has reminded the firms that it regulates that they should check their records for names of alleged subjects under investigation by the FBI in connection with the World Trade Center and Pentagon terrorist attacks....

UK - Deloitte & Touche has been appointed as fund administrator to the £744m Rio Tinto pension fund.

UK - Old Mutual Asset Management (UK) (OMAM) - the regional investment arm of South African financial services group Old Mutual - is to introduce its first hedge fund offering in November.

UK - Aon Consulting has hired John Forsyth as a senior consultant and actuary, based in Leeds.

UK - Hedge funds will have to wait another 18 months to win the trust of institutional investors such as pension funds, according to Zurich Scudder Investments.