United Kingdom

UK - The Lothian Pension Fund is suing Ericsson for an alleged fraud, which it claimed cost the scheme $3.2m.

UK - The Pension Protection Fund (PPF) has admitted it made a mistake and underestimated the aggregate funding position of defined benefit schemes by almost £20bn (US$40bn) in January 2008.

UK - The O2 Pension Plan (O2) has appointed BNY Mellon Asset Servicing B.V. to provide global custody, investment accounting, cash management, securities lending and performance measurement services.

UK - The National Association of Pension Funds (NAPF) has launched a guide to investing in commercial property for pension funds at the its annual conference in Edinburgh.

UK - Pension funds' views of consultants have been revealed in the first survey of its kind in the UK, at the NAPF's Investment Conference in Edinburgh.

UK -The Firebrigade's Union (FBU) has launched a legal challenge against a government ruling that has left some badly injured or disabled firefighters without pension rights.

UK - Xafinity Consulting has been appointed by Burger King to improve pension scheme services for its members.

UK - JPMorgan has been appointed as sole global custodian to the £2.2bn (US$4.3bn) Devon County Council Pension Fund.

UK - The Universities Superannuation Scheme (USS) Ltd has bought the Eden Walk Shopping Centre in Kingston-upon-Thames for £80m (US$158m).

UK - Personal account charging structures should be simple, transparent and fair, according to research published by the Personal Accounts Delivery Authority (PADA).