United Kingdom

UK - Cavendish Asset Management has appointed Kevin Long (pictured) as sales manager to raise the profile of its opportunities and worldwide funds.

UK/NETHERLANDS - The e14bn Bedrijfstakpensioenfonds Metalektro (PME) has hired ISIS Asset Management to manage a share voting programme and a governance and socially responsible investment engagement overlay.

UK - The £50m University of Leicester Pension and Assurance Scheme is looking to slash costs by appointing a single firm to provide actuarial and administrative services.

UK - Corporate governance activists have warned companies they will not tolerate "fancy" moves to boost underperfoming directors' pensions when the £1.4m savings limit is introduced.

UK - Britannic Asset Management has bolstered its institutional business development team with the appointment of Keith Thomas (pictured), who will spearhead Britannic's sales efforts with potential pension fund clients.

UK - The Actuarial Profession must become more transparent if it is to retain its self-regulatory status, Faculty of Actuaries president Tom Ross warns.

UK - A roundtable discussion on the Pension Commission is being held by independent think-tank The Centre for the Study of Financial Information on February 10.

UK - Mercer Human Resource Consulting is holding a series of seminars on the government's proposed tax changes.

UK - Poor advice has cost thousands of scheme members higher retirement incomes, Tillinghast-Towers Perrin claims.

UK - Insight Investment has adopted software provider FMC's latest product which provides performance measurement, attributes returns and evaluates risk.