United Kingdom

UK - Investment managers have backed a drive by the Financial Services Authority to end soft commissions and unbundled payments for non-execution services.

UK - KBC Asset Management is to become the sole distributor of Northern Trust's European manager-of-managers business in Ireland.

UK - Wm Morrison Supermarkets is facing a shareholder backlash, despite concessions towards corporate governance best practice.

UK - Consumer confidence in pensions and long-term savings is increasing, new research shows.

UK - The Liberal Democrats have attacked the government over claims that it is "turning every stone" to find a solution to the pensions crisis.

UK - The £400m London Borough of Hammersmith and Fulham is tendering for £15m private equity fund of fund managers.

UK - Specialist financial information publisher AP Information Services is to publish all of Dun & Bradstreet's business directories.

UK - Leisure giant Rank has moved its £36m defined contribution scheme back into the state pension system in order to give members better benefits.

UK - Dividing the roles of chief executive and chairman does more harm than good to a company's performance, a major new study claims.

UK -Global investment bank, Lehman Brothers, has launched a treasury index covering the eight countries which joined the European Union at the beginning of May.