United Kingdom

UK - Northern Trust has appointed Revel Wood product manager on its global fund services team.

UK - A financial adviser faces jail for taking £325,000 from a miners' group personal pension scheme.

UK - Standard Life Investments has been awarded a £75m segregated sterling corporate bond mandate by the £2bn Pensions Trust.

UK - The next 12 months will be crucial in determining the longtermsuccess of the UK pension system, the Society of Pension Consultants warns.

UK - Equities will offer better investment returns than bonds, property or cash in the short-term, SVM Asset Management predicts.

UK - Prudential is set to re-enter the personal pensions market after securing first place on national IFA Millfield's regulated multi-tie panel.

UK - The Pensions Trust has hired David Palmer as strategic investment officer to work closely with the investment committee in developing the Trust's investment strategy.

UK - Britain's manufacturers want the government to set a standard retirement age of 65 when it introduces EU legislation on age discrimination in 2006, a joint survey by manufacturers' organisation EEF and Aon Consulting has found.

UK - Britannic Asset Management has launched its first hedge fund which is targeted primarily at pension scheme clients.

UK - Tighter US controls on hedge funds are set to bolster security for UK pension scheme investors.