United Kingdom

UK - Business leaders and corporate governance activists are to hold talks in a bid to end the "finger pointing" throughout the upcoming annual general meeting season.

UK - SEI Investments has won three manager-of-manager mandates worth £26m all via different distribution channels.

UK - The Government's new proposals for pensions tax simplification will create new opportunities for owner-managers to realise the financial investment that they have made in their businesses.

UK - A majority of people in the UK would not convert their pension savings into an annuity if it were not mandatory to do so, according to consultants Watson Wyatt.

UK - Global ratings agency Standard & Poor's is to hold a seminar on risk management within corporate bond portfolios. The seminar will take place at S&P's Canary Wharf offices on May 27-28.

UK - State Street has acquired a 20% stake in equity crossing trade execution platform E-Crossnet.

UK - Royal London Asset Management has employed a new software package to measure the performance of its fixed income assets.

UK - Compensating scheme members who lost their pension pots when their firms collapsed will cost less than a "hundred million pounds" a year.

UK - The London Borough of Brent has joined the Local Authority Pension Fund Forum taking total membership to 30 with combined assets in excess of £40bn.

UK - Trade unions have denied their support for Labour is undermining the fight to win compensation for workers who lost pension savings when their firms collapsed.