United Kingdom

UK - Software provider Trema has launched a new suite of cash and asset management packages.

UK - Schroders invested more than £12m in retail property in April after raising £10m of new investments in its Emerging Retail Property Unit Trust.

UK - Pension ombudsman David Laverick has ordered Legal & General to pay £52,000 plus interest after upholding a complaint of maladministration.

UK - Institutional investors have called on leading companies to provide more information on how climate change will affect share prices.

UK - Winterthur Life has appointed Capita Group as strategic partner to provide third party administration services for self-invested personal pensions.

UK - The balance of power between trust-based and contract-based defined contribution schemes has shifted, a leading corporate independent financial adviser claims.

UK - Insurance giant Prudential has launched a product aimed at protecting the defined benefit pensions of public sector workers who transfer to private employers.

UK - The Pensions Credit gives low-earning DC scheme members a vital safety net if their investments fail, Aon Consulting claims.

UK - Firms could make massive savings if they introduced programmes that focused on "employee well-being", experts claim.

UK - INVESTMENT giant ABN AMRO Asset Management has launched a new hedge fund designed for pension investors.