United Kingdom

UK - Pension fund members in the London Borough of Lewisham Superannuation Fund have been given a voice on ethical issues.

UK - Trustees have welcomed the Pensions Regulator's guidance for trustees on the abandonment and clearance of defined benefit (DB) pension schemes.

UK - North Yorkshire Pension Fund has awarded independent investment adviser contracts to Epic Investment Advisors and Mercer Investment Consulting.

UK - Barclays Global Investors (BGI) has reportedly experienced a strong demand from UK pension funds for its multi-asset portfolios and raised over US$ 1bn in the past year.

NETHERLANDS & UK - Fortis Investments has appointed Charles Janssen as head of institutional sales for Netherlands and the UK.

UK - Straight Though Processing (STP) to streamline expanding defined contribution (DC) pension schemes is the future, according to five industry major players.

UK - The Transport and General Workers Union (T&G) has reacted angrily to Michelin's decision to close its final salary pension scheme.

UK - Institutional investors have been told to expect ‘service as usual', despite a possible merger between Royal London Group and Royal Liver.

UK - The Pension Protection Fund (PPF) levy scaling factor has been slammed by Watson Wyatt for potentially costing companies five times more than last year.

UK - Knauf Insulation has appointed Mercer Retirement Solutions to provide a packaged pension service.