United Kingdom

UK- Increased life expectancy cost British companies an additional £20bn in pension liabilities in 2005, research by KPMG has found.

UK - BAA pension fund trustees have struck a deal with Grupo Ferrovial which will result in improved retirement terms for its members if the takeover by the Spanish construction company is successful.

UK - The £8.5bn Greater Manchester Pension Fund, as administered by the Tameside Metropolitan Borough Council, has tendered for a new consultant.

UK - A large majority of pension reforms proposed by the Pensions Commission have been adopted by the department for work and pensions (DWP) who released its pensions white paper today.

UK - Long term returns can only be safeguarded through the integration of social, ethical, environmental and governance issues with mainstream equity and credit analysis, according to Insight Investment.

UK - Fidelity International announced that Nick Baulch has been appointed as a relationship director for the UK institutional client relationship team.

UK- Investors paying attention to salient information can easily overlook data that provides a broader perspective on corporate and stock market performance, claimed a new report by the Universities Superannuation Scheme.

UK - The £400m Harrow Council pension fund has tendered private equity and currency overlay mandates together worth £170m.

UK - The Pensions Commissions' proposal for a National Pension Savings Scheme (NPSS) is to be adopted in part by the government, according to news reports.

UK - BT, the telecoms group is to seek a court ruling on the status of the Crown Guarantee with regards to its pension scheme, industry reports have claimed.