United Kingdom

UK - As asset managers launch a stream of new liability driven investment solutions marketed as an answer to pension funds' asset liability mismatch, Mercer Investment Consulting has warned the benefit of such solutions must be weighed against the cost...

UK - Pension funds that invest in currency should choose active over passive management and hedge at least part of their exposure, says Bill Muysken, global head of research at Mercer Investment Consulting.

UK - Property is the asset class most likely to benefit from an increasing taste from pension funds for alternatives, according to new research from F&C Asset Management.

UK - Approximately 50% of FTSE 100 companies are capable of paying off the whole of their pensions deficits within a year using existing disposable income, research by KPMG has found.

UK - The Alternative Investment Management Association (AIMA) has asked the Financial Services Authority (FSA) for clarification on part of its proposed rules on bundled brokerage and soft commission arrangements in the UK.

UK - The Pensions Management Institute (PMI) has appointed Roger Booth as its new chief executive and successor to Susan Howlett, who retires this year.

UK - Insurance company Allianz Cornhill has appointed Jardine Lloyd Thompson (JLT) to administer its defined contribution pension arrangements.

UK - The Pensions Management Institute (PMI) has appointed Roger Booth as its new chief executive and successor to Susan Howlett, who retires this year.

UK - Pension fund trustees and scheme sponsors should adopt a six-point checklist for the effective governance of defined contribution pension arrangements, says Watson Wyatt.

UK - David Blunkett, the new secretary of state for work and pensions, has challenged the nation to take responsibility for their own savings as the government works towards solving the pensions crisis.