United Kingdom

UK - A risk management solution has been launched which can simulate the impact of historical crises on hedge funds.

UK - Mercer Human Resource Consulting is holding a seminar on pensions governance next month.

UK - Insurance giant Legal & General is to offer its life and pensions products through Cofunds, the independent fund supermarket.

UK - Standard Life Investments has paid £14.2m for the freehold of a TK Maxx unit in Newcastle-under-Lyme for its Unit Linked Life Fund.

UK - Halifax has received a quality mark from the Pensions Protection Investments Accreditation Board.

UK - WHSmith is cutting its pension scheme deficit by £120m following the sale of its publishing business Hodder Headline to France's Hachette Livre for £223m.

UK - Financial services providers are ill-prepared for the move towards depolarisation, independent financial advisers warn.

UK - Watson Wyatt has increased the funding levels on its own group pension funds from 86% to 96% over the past year.

UK - The BT Pension Scheme is reducing its equity holdings - despite strong growth last year.

UK - BBC technology workers called off strike action over their pension rights following a revised offer from prospective new owner, Siemens.