United Kingdom

UK -Isis Asset Management has accused the government of harming long-term investment by prevaricating over climate-change targets.

UK - HiTek Power has appointed Multi-Manager Investment Solutions to run the assets for its closed defined benefit pension scheme.

UK - The Financial Services Authority has dropped plans to investigate a former director of Equitable Life.

UK - Undertaker Dignity is reviewing its final salary scheme arrangements and considering closing them to new members.

UK - Forcing final schemes to be funded at buyout levels will place a huge cost burden on employers, a leading consultant warns.

UK - Rathbone's self-invested personal pension was the only scheme to achieve the top five-star rating in a survey by financial research company, Defaqto.

UK - Abbey National faces a potential shareholder backlash at today's annual general meeting over "exceptional bonuses" paid to top executives.

UK - RMB International has launched a bespoke portfolio construction service for pension schemes.

UK - Trustees need greater awareness of a sponsoring employer's financial health to comply with new regulations, a leading accountant and auditor warns.

UK - New members on the National Association of Pension Fund investment and benefits councils will play a key role in leading debate and influencing government policy, the association claims.