United Kingdom

UK - Work and pensions secretary Peter Hain has pledged the government's commitment to justice for those robbed of their pensions when companies went bust.

UK - The GlaxoSmithKline Common Investment Fund has awarded Goodman Property Investors a €150m mandate to invest in European property portfolios.

UK - The £1.4bn Kingfisher pension scheme has awarded a 130/30 mandate to Goldman Sachs Asset Management and a second unconstrained, 130/30 mandate to Wegelin's Active Indexing 130/30 strategy.

UK - The Pension Protection Fund (PPF) has just released its latest figures, showing poor performance throughout August, having been battered by the continuing market turmoil.

UK - Local authority pension schemes have reduced their allocation to fixed income and have diversified into alternatives, according to a new survey.

UK - BlackRock has acquired dc-Link in order to bring the administration of BlackRock's defined contribution (DC) pension schemes in-house.

UK - The Pensions Regulator has drafted guidance to clarify how it would approach corporate activity, such as mergers and acquisitions.

UK - The Lothian Pension Fund (LPF) has launched a search for an investment manager to run a £380m property mandate.

UK - Universities Superannuation Scheme (USS), the UK's second largest pension fund, has highlighted its commitment to alternative assets by hiring Fraser Booth and Geoffrey Geiger.

UK - Paternoster has released new research claiming that the true cost of London tube strikes could add £90bn to British pension scheme liabilities.