United Kingdom

UK - A growing number of the largest UK pension schemes are underfunded, according to the results of an annual study of company accounts by Bacon & Woodrow.

UK - Leading UK pension schemes are considering drawing up a joint letter to major companies on climate change disclosure.

UK - Nearly 90,000 firms have already designated a stakeholder scheme since the launch in April, new figures reveal.

UK - The number of funds with management fees rising is on the increase, according to research company Fitzrovia International.

UK - Staffordshire County Council Pension Fund is to review its overseas investment strategy.

UK - The Frank Russell Company has bolstered its institutional investment team in London with the addition of Philippa Drury as client service director.

UK - The Unclaimed Assets Register (UAR), which holds data relating to owners of lost or forgotten pensions, is to incorporate unclaimed dividends and related securities which are believed to amount to over £3bn.

UK - Global consultant Watson Wyatt has appointed Gareth Boyd as a senior consultant to its benefits practice.

UK - The Frank Russell Company has boosted its team of manager research experts with the addition of three new associates.

UK - Cogent, the international investment arm of Australian financial group AMP, has appointed Margaret Harwood-Jones to its European executive team as director of client services and marketing.