United Kingdom

UK - Unions and age charities have voiced their opposition to the Department of Work and Pensions' (DWP) proposal to limit annual contributions to personal pension savings.

UK - Ed Balls, economics secretary to the treasury, has been accused of taking advantage of pension funds after he promised more long-dated gilts to the UK pensions industry.

UK - A backbench rebellion is brewing over government's decision to launch an appeal against last month's high court judgement, according to independent pensions advisor Ros Altman.

UK - Amicus have sworn to continue their fight with high street retailer WHSmith to maintain its final salary pension scheme following recent decisions to close it.

UK - Former US vice president Al Gore has urged the UK pensions industry to abandon short term investment horizons and review the way it incentives managers of firms it hold investments in.

UK - The NAPF have come out in support of the government's white paper, however it noted provision should be made for those without a decent occupational pension scheme.

UK - Pensions regulator chairman David Norgrove has ruled out providing guidance on the issue of mortality assumptions.

UK - British consultants should move towards better models of performance measurement, according to panel of speakers at the National Association of Pensions Funds annual conference in Edinburgh today.

UK - HSBC Investments has appointed Kathleen Currie as institutional MD, one year after she joined the company as head of LDI.

UK - The independent regulator, Financial Reporting Council (FRC), has appointed seven new members to its review panel - including three partners from KPMG.