United Kingdom

UK - Urban Larson has left Baring Asset Management to join F&C Asset Management as director of Latin American Equities in London.

UK - The combined pension deficit of FTSE 100 companies dropped nearly 25% since the beginning of March, Watson Wyatt has found.

UK - The £1.2bn Dorset County Pension Fund has appointed eight new managers after its investment committee completed a review of its investment management arrangements.

UK - Global Pensions can exclusively reveal Credit Suisse asset management has parted company with Thanos Papasavvas, director and head of currency management.

UK - British citizens living abroad could be losing more than £300m from their pensions every year through bank charges and fluctuating exchange rates, foreign exchange broker HIFX claimed. Over a million pensioners now lived abroad and were being subjected...

UK- Companies who fail to adopt liability driven investment strategies for their pension funds could face a higher Pension Protection Fund levy in future, Merrill Lynch has suggested.

UK - Asset managers are inefficiently allocating capital on behalf of pension funds because of a disproportionate focus on short-term performance relative to the investment horizon of the fund, according to the Marathon Club.

UK - The government's reaction to yesterday's ombudsman report has left public faith in the pension system at an all time low, according to shadow work and pensions minister Philip Hammond.

UK - Moves by UK pension funds to better match their liabilities through a shift into bonds have been described by Chris Hitchen, chairman of the National Association of Pension Funds investment council, as "short-term thinking".

UK - Unions have warned it was just the beginning of the pension dispute after government rejected calls to compensate the 85,000 people who lost several billion pounds when their pension schemes went under.