UK - The UK Government must consider the option of making stakeholder pensions compulsory, together with compulsory employer contributions, according to market analyst Datamonitor.
UK - Aspect Capital has included two additions to its equity research team. Jeffrey Seifert has been appointed as head of equities and Michael Turner joins the team as an equity research analyst.
UK - FPS Group, a specialist provider of sponsored pension schemes and administration services, has been awarded a £70m defined contribution mandate by the University of the West Indies.
UK - Tom Dempsey has been appointed communications consultant with William M Mercer, based in London.
UK - David Salisbury, CEO of Schroders, is to resign from the group after a yearlong reign, it was announced today.
UK - Gartmore Investment Management has strengthened its fixed income investment strategy team with the appointment of Andrew Davies as quantitative analyst.
UK - The £162m Powys County Council Pension Scheme has reappointed Baring Asset Management and Lombard Odier International Portfolio Management following a review.
UK - UK pension schemes stand to keep the abnormal dividends they acquired through company share buy-backs if a pensions scheme ruling is upheld, according to KPMG.
UK - A pensioner who launched a test case against the compulsory purchase of annuities will get a judicial hearing early next month.
UK - The £6.3bn Royal & SunAlliance Pension Scheme is reviewing its investment process. A key element will be to consider investments in UK and European companies should be on a sector rather than geographical basis.