United Kingdom

UK - Independent financial advisers will be forced to disclose their commission in a bid to boost market transparency.

UK - Healthcare provider BUPA is to make a payment of £15.2m to its pension scheme this year in a bid to reduce the deficit.

UK - Unions are urging fund managers to be honest and publicly disclose their voting records to rebuild trust in the pensions system.

UK - Allianz Dresdner Asset Management global chief investment officer Andreas Utermann is making an unexpected return to the fund management floor after a three-year absence.

UK - Pensions provider Winterthur Life is urging the industry to adopt a set of best practice guidelines it has drawn up for occupational pension schemes.

UK - Isis Asset Management is to launch into the alternative asset management sector with the acquisition of Cardinal Capital Partners.

UK - Royal London and Scottish Life have allocated £287m in bonuses to with-profits policyholders. It is only the second revision in two years of Royal London bonus rates and the third for Scottish Life.

UK - A consortium of Britain's largest pension schemes is suing the Inland Revenue in a bid to recoup £40m in overpaid tax.

UK - Hymans Robertson is to hold three investment conferences that will cover how schemes can move to unconstrained benchmarks.

UK - Companies will face stormy annual general meetings if they fail to disclose their corporate social responsibility standards adequately, unions have warned.