United Kingdom

UK - Companies have been warned to resolve uncertainties over pension benefits or face a KPMG-style ruling that left the accounting giant responsible for a massive shortfall.

UK - Healthcare provider BUPA has refuted claims by consumer champion Which? that health screening does more harm than good.

UK - Wandsworth Council is facing mounting pressure to stop its pension scheme investing in arms manufacturers.

UK - Former Railways Pension Trustee company chief executive Peter Murray has joined Epic Investment Consulting as a member of its investment panel.

UK - The Association for Institutional Multi-Manager Investing is carrying out research to dispel the "myth" that multi-manager funds have two layers of fees.

UK - Schemes bought £276.3m of gilt funds during June - up from the £176.2m in May - new figures from the Investment Management Association show.

UK - Alternative investments specialist Man Investments has launched a capital guaranteed fund-of-hedge funds.

UK - Baring Asset Management (BAM) is urging investors to consider inflation-linked bonds or "directional" investing if they are concerned about the prospects of bond markets.

UK - Firms must tighten ill-health retirement literature to prevent scheme members refusing treatment that could make them well enough to return to work, BUPA claims.

UK - The Greater Manchester Pension Fund's net assets have soared by more than £1.6bn to £6.65bn since last March, new figures show.