United Kingdom

UK - Scottish Life is rolling out a hybrid fund which it says combines the retirement guarantees of defined benefit plan and the reduced financial risk of defined contribution schemes.

UK - HSBC Actuaries & Consultants has been appointed by Tun Abdul Razak Research Centre to provide a range of actuarial and investment consulting services to its defined benefit scheme.

UK - Retirees should not delay buying an annuity in the hope of improved returns despite an increase in providers' rates, the Annuity Bureau warns.

UK - Eleven professionals have received a diploma in international employee benefits.

UK - More than half of the workforce at technology giant Siemens have signed up for the government's Home Computing Initiative.

UK - Northern Trust have appointed Sally-Anne Callick (pictured) as vice president of UK Business Development for Northern Trust ‘s institutional custody and asset servicing business.

UK - The future for self-invested pension plans in the wake of new investment freedom will be discussed at a conference in London on June 24.

UK - Unions will increasingly be forced to accept the closure of final salary pensions to keep firms afloat, a law firm predicts.

UK - Schemes will be unmanageable if trustees try to cater for members' religious or ethical demands, consultants claim.

UK - Pension schemes will increasingly hold providers to account over the transparency of their fees, a leading life office predicts.