United Kingdom

UK - A new employer-led industry body has been set up to improve performance and productivity through the training and education of financial services companies.

UK - The department for work and pensions is recruiting a chairman for The Pensions Regulator board.

UK - The Financial Services Authority has fined Bank of Ireland £375,000 or breaches of its anti-money laundering requirements.

UK - Arlington Property Investors (API) has launched a new £40m fund property fund, with the aim of boosting the fund to more than £300m.

UK - Hedge fund specialist Pioneer Alternative Investments is to launch a second version of its Momentum AllWeather low volatility alternative investment strategies fund of funds.

UK - The UK Society of Investment Professionals has urged the UK government to ensure the European Commission backs international accounting standards for derivatives.

UK - Multi-manager Investment Solutions is to run West Pharmaceuticals' £6.5m final salary scheme.

UK - An ‘oversight' in the Finance Act will allow a small limited company to put all a self-invested personal pension fund in its own shares, Standard Life claims.

UK - Manifest attacks LSE questionnaire Corporate governance exp-erts have hit back at the introduction of a single questionnaire to assess listed companies' responsibility and ethical performance.

UK - Corporate bonds will outperform into the year end and overall spreads versus gilts will remain stable, Glasgow-based multi-specialist manager Britannic Asset Management predicts.