United Kingdom

UK - Around 1.5 million council workers in the UK have now voted for strike action against government proposals to downgrade the Local Government Pension Scheme (LGPS).

UK - David Paterson has left his position as head of corporate governance at JPMorgan Asset Management after five years to take up a similar role at the National Association of Pension Funds (NAPF).

UK - Nomura Asset Management has launched a global emerging markets long only strategy for institutional clients.

UK - The National Pension Saving Scheme (NPSS) could cause "lethal damage" to the nation's existing pension arrangements and should not be viewed as a cure-all solution, Watson Wyatt partner Alan Pickering (pictured) is expected to tell delegates at a...

UK - Merrill Lynch Investment Managers (MLIM) has launched a new approach for DC schemes known as Target Driven Investing (TDI) which focuses on the target level of retirement income and incorporates member "appetite".

UK - Pension funds making a foray into commodities in search of uncorrelated returns might have missed the boat, industry experts have warned.

UK - Paul Myners is set to leave his role as chairman of Marks and Spencer to return to the asset management arena as chairman of hedge fund management group Ermitage.

UK - Legislation designed to protect pensions has the "perverse" consequence of leaving fewer defined benefit pensions to protect, the Pensions Management Institute (PMI) conference heard yesterday.

UK - Myra Kinghorn is to step down as Chief Executive of the Pension Protection Fund (PPF) in the spring, the PPF board has announced.

UK - The Trade Union Congress (TUC) said a permanent pensions commission would restore the public faith in pensions it claimed the government had "destroyed".