United Kingdom

UK - Network Rail workers are voting on whether to strike over the closure of their final salary scheme to new members.

UK - The FTSE Group has proposed radically overhauling its emerging market equity indices by creating a new tier of advanced emerging countries based on a new set of economic and political criteria.

UK - Firms should measure the success of newly-introduced flexible benefit schemes within the first three months, a leading consultant claims.

UK - Business leaders have been warned to expect an increase in shareholder revolts as unions urge investors to "flex their muscles".

UK - Taxpayers should not pick up the compensation bill for workers who have lost their pensions through company insolvency, law firm Glaisyers Solicitors says.

UK - Oil giant BP will face industrial action if 500 pension scheme members lose out when their jobs are transferred to another firm.

UK - Standard Life is consulting staff over the benefits it should offer them when the final salary scheme closes to new members.

UK - The Trades Union Congress has attacked employers who and their "slow retreat" from decent occupational pension provision.

UK - Four MPs who are trustees of the Parliamentary Contributory Pension Fund have passed an industry qualification aimed at boosting standards.

UK - The UK regulator has denied allegations that it is backtracking on its soft commissions and unbundling proposals, which it says are a necessary step to appropriate ‘market led' regulation.