United Kingdom

UK - Marketing communications agency Golley Slater has unveiled a new employee benefits scheme for its 280 staff.

UK - Asset managers will cease offering funds directly to defined contribution schemes and put them on other providers' platforms instead, Aon Consulting predicts.

UK - Corporate governance experts have accused top firms of only paying lip service to the Higgs combined code on the transparency of directors' pay packages.

UK - A guide on defined contribution scheme transfers for financial advisers and employers has been published by Friends Provident.

UK - A radical rethink in pensions provision is needed to provide young people with incentives to save, a leading think-tank claims.

UK - Merrill Lynch Investment Managers is launching a property fund of funds for schemes seeking diversified exposure to the UK commercial property market.

UK - The £1.3bn Leicestershire County Council Pension Fund has appointed Standard Life Investments to manage a £150m segregated specialist UK equity portfolio.

UK - "No gain, no fee" manager Bedlam Asset Management has unveiled a £1m rights issue to fund its expansion plans.

UK - Multi-manager Investment Solutions has been appointed by ribbon and narrow fabric manufacturer Selectus to manage the company's closed defined benefit pension scheme.

UK - Executives in final salary schemes who expect to have a pension worth over £25,000 per annum should switch to a DC plan to boost security, a leading IFA claims.