United Kingdom

UK - Morley Pooled Pensions has appointed Lyndsey Pilling as a manager of its pooled funds team.

UK - Prudential has announced that it intends to focus its intermediated business on a series of core markets in which it can add value for customers, IFAs and shareholders.

SCOTLAND - Glasgow-based investment house Britannic Asset Management (BAM) is still still actively recruiting two heads for its institutional and retail businesses.

UK - Gissings, one of the UK's leading employee benefit advisory firms, has launched a new employee communication and advisory service (ECAS).

UK - The stakeholder market will eventually separate into a market for administration systems and a market for the investment of stakeholder assets, according to employee benefits consultancy Gissings.

UK - Dresdner RCM Global Investors has appointed Lucy Macdonald as director and head of global equities in London.

UK - Global head of equity dealing at Baring Asset Management (BAM) Keith Wright has been elected chairman of the UK and European Financial Information eXchange (FIX) Protocol Committee (buy-side).

UK - Punter Southall has appointed John Howard-Smith as a principal in the firm's London office. He joins Punter Southall from HSBC Investment Management where he was a senior director.

UK - Jardine Lloyd Thompson (JLT) has backed a Bacon & Woodrow report claiming that an increasing number of companies are suffering from pension scheme underfunding.

UK - The J Sainsbury Pension Scheme is believed to have drawn up a shortlist of five providers for its stakeholder offering, but only three are believed to be in the running for the high profile job.