United Kingdom

UK - NPI has been appointed to provide a stakeholder pension scheme for the Age Concern Federation.

UK - Merrill Lynch Investment Managers (MLIM) has strengthened its fixed income team with a new hire based in London.

UK - Thirty-seven more companies have been added to FTSE4Good, the socially responsible investment (SRI) series of indices.

UK - Government plans for the next stage of reform of the Minimum Funding Requirement (MFR) are a positive step forward, according to the National Association of Pension Funds (NAPF).

UK - The Confederation of British Industry (CBI) yesterday applauded the Bank of England for cutting interest rates by 0.25 percentage points.

UK - The Association of Consulting Actuaries (ACA) has welcomed the Government's move to replace the minimum funding requirement (MFR) with an interim package of draft regulations. Since March, when intentions to abolish MFR were first announced, concerns...

UK - The UK government's proposals on reforming Transfer of Undertakings (Protection of Employment) Regulations (TUPE), have been roundly criticised by pensions lawyers.

UK - Owen Davies has been appointed as the new chief executive of RREV, the corporate governance, research and voting service set up by the NAPF and US corporate governance firm, Institutional Shareholders Service (ISS).

UK - JP Morgan has been appointed by the £4.2bn Prudential Staff Pension Scheme as its global custodian, to also provide an investment accounting service.

UK - Major internet-based pensions solutions could easily become costly mistakes because few organisations have the technical expertise to assess fully the pros and cons of e-HR systems, according to Watson Wyatt.