United Kingdom

UK - Fidelity International has announced the appointment of Mark Miller as executive director of sales. Mark will report to Martin Harris managing director of Fidelity's UK DB business.

UK - The Pensions Protection Levy (PPL) could force small employers to go under, Punter Southall has warned.

UK - The cost of claims from failed pension schemes which fall into the government's Pension Protection Fund (PPF) should be evenly spread amongst all remaining schemes, the National Association of Pension Funds (NAPF) said today.

UK - ABN AMRO Mellon has been appointed by GlaxoSmithKline as global custodian of its e6bn corporate pension fund.

UK - The market impact from company disclosures under the new International Financial Reporting Standards (IFRS) are proving to be minimal, according to quantitative manager, AXA Rosenberg which is continuing to review the new accounting data.

UK - Some 62% of small scheme trustees have not been provided with training, compared with 23% of medium sized schemes and 3% of large, according to new research published today by the Pension Regulator.

UK - Deutsche Bank has announced the completion of the sale of parts of the London-based asset management business of Deutsche Asset Management to Aberdeen Asset Management PLC.

UK - New figures on life expectancy reinforce the case to increase the retirement age in both the public and private sector, the CBI claims.

UK - Marsh and Mercer have combined their benefits advisory and solutions businesses, the companies announced today.

UK - The state pension is to reduce by 13% over the next five years, one industry expert claims.