United Kingdom

UK - Trustees need to beware of withholding taxes when making overseas investments, Ernst & Young has warned.

UK - Schemes have hit back at criticism of their implementation of the Myners principles and claim the research used is "out of date".

UK - The move to scheme-specific benchmarks will increase the need for additional trustee training, consultants claim.

UK - Mercer Human Resource Consulting has launched an interactive programme designed to show how increasing life expectancy will affect scheme deficits.

UK - Workers carrying out repairs to Liverpool council houses have held a wildcat strike over future pension provision.

UK - Consultants have rejected claims they dominate a scheme's decision-making processes or that their performance is rarely assessed by trustees.

UK - Introducing legislation on the back of the second research report on Myners would be "sheer bloody mindedness" by the government, SEI Investments claims.

UK - Pension funds should redesign their schemes to be ready for tax changes in 2006, law firm Wragge & Co warns.

UK - HSBC Global Fund Services is implementing Socrates Fixed Income Attribution system in a bid to improve customer service.

UK - AON Consulting has been appointed to provide pensions and actuarial consulting to global support services group Brambles' UK schemes.