United Kingdom

UK - Mercer Human Resource Consulting has flagged a plan to overhaul the UK pension system, ahead of a review of the system due to be published on October 12.

UK - The government is in danger of shooting itself in the foot over its plans to ban upward-only rent reviews, says the Society of Pension Consultants.

UK - Local Government Pension Scheme members are prepared to strike over plans to increase the schemeís retirement age from 60 to 65, Unison warns.

UK - Investment Solutions Limited (ISL) has announced the launch of an institutional property fund, believing this is a first for a manager-of-managers in the UK.

UK - More than 40% of the UKís top pension scheme managers think their trustees are incapable of fully carrying out their roles, new research shows.

UK - Jagger & Associates has been appointed as investment adviser to the £20m Principality Building Society Pension Scheme.

UK - The £900m Dorset County Pension Fund has allocated 5% of its portfolio to hedge fund investments following a review of its investment strategy.

UK - Aon Consulting have appointed Paul Macro (pictured) to head up the firm's defined contribution (DC) consulting business.

UK - "High alpha" and "core" teams will form the centrepiece of F&C Management and ISIS Asset Management's new pan-European structure when the companies complete their merger on October 11.

UK - Nicola Ralston will succeed Nick Fitzpatrick as head of global investment consulting at Hewitt Associates when he retires from the firm next year, Hewitt announced today.