United Kingdom

UK - Attica Alternative Investments Group, a fund of hedge funds, has lost out on its chief operating officer (COO) to hedge fund distributor and marketeer Platinum Capital Management.

UK - Housing wealth, strengthened by a leap in the total value of UK homes, should provide secure retirement incomes for many households, figures from the Office for National Statistics (ONS) predict.

UK - Durham County Council has appointed PSolve Asset Solutions, the investment consultancy and sister company of Punter Southall, as its new investment consultant.

UK - The British government's efforts to reform the pensions system could collapse amid new evidence from an Institute for Public Policy Research (IPPR) report that said employees will refuse to work longer before collecting the state pension.

UK - Nottinghamshire County Council (NCC) has awarded Martin Currie an active equity mandate of £100m, following Henderson Global Investors' loss of the contract.

UK - The House of Lords staff pension scheme has appointed the Pay and Personnel agency, a Ministry of Defence organisation, as its new pensions administration consultant.

UK - The FTSE100 market index has plummeted, following the latest terrorist attack on the London underground.

UK - The ICI UK Pension Fund deficit could rise by 50% because of increasing longevity of its members, the latest annual actuarial report has claimed.

UK - Investit, the fund management consultancy, has poached Clare Vincent-Silk from Dresdner RCM, as a systems practice consultant.

UK - The Independent Pension Trustee Group (IPTG), which operates with the backing of the Pensions Management Institute (PMI), has appointed a new committee chairman following the departure of Tony Ashmore.