United Kingdom

Scottish Life members have voted overwhelmingly in favour of Royal London's takeover of the Edinburgh-based mutual.

UK third party pensions administration specialist Paymaster has unveiled a new document setting out its procedures on internal controls and risk management in outsourcing pensions administration.

UK technology group ABB has dropped William M Mercer and appointed advisory firm Gissings as administrator for its pension plan.

Scottish Widows Investment Partnership (SWIP) has appointed Susan Ebenston as its new chief operating officer, less than a month after she was appointed head of asset management at Citibank.

UK investment house Britannica Asset Management has launched two new pooled bond funds for institutional pension fund clients.

UK in-house administered schemes are on average 14% more expensive than outsourced schemes, a new survey shows.

Scottish Widows is to run the British Dental Association's stakeholder scheme after beating off fierce competition from three other leading providers.

UK investment house Morley Fund Management has bolstered its corporate research team with the appointment of David Oxley.

UK pension fund assets have increased from 72% to 91% of GDP in the last four years and represent nearly 40% of Europe's total pension fund assets, according to the latest William M Mercer European Pension Fund Managers' Guide.

Scottish Widows Investment Partnership has teamed up with Intervalor to market its asset management capability to investors in the Nordic region.