United Kingdom

UK - Workers underestimate the value of their total pay and benefits package by as much as 25%, KPMG People Services claims.

UK - Over 90% of fund managers are bullish about the prospects for US equities, research from Russell Investment Group shows.

UK - Rail workers have voted overwhelmingly to accept a revised pensions deal - and lift the threat of a national strike.

UK - CCH Software has updated its Pension software to comply with the latest tax legislation.

UK - Standard Life Investments has launched a range of manager-of-managers funds in conjunction with Wilshire Associates.

UK - Property investments through self-invested per-sonal pensions will fall dramatically when new tax changes take effect in 2006, Alexander Forbes Financial Services warns.

UK - Watson Wyatt senior consultant David Harris has left the firm to launch his own consultancy, Tor Financial Consulting.

UK - The £1.3bn Fujitsu Services ICL Group Pension Plan has awarded a global tactical asset mandate in a bid to boost returns.

UK - The fund management industry enjoyed steady profits last year but there are challenges ahead, a survey shows.

UK - Company reporting requirements should be extended to reflect the ethical concerns of pension fund trustees, corporate governance experts claim.