United Kingdom

UK - Lane Clark & Peacock has launched an investment style to supersede "structurally weak" lifestyle funds.

UK - Internet-based bookmaker Betfair.com is returning over £200,000 it earned in commission from a company director who gambled with money stolen from a pension fund.

UK - The Aberdeen City Council pension fund has been urged to off-load its shares in Aberdeen Football Club.

UK - Proposed restrictions on soft commissions have been welcomed as a positive step forward for hard pressed pension funds and their members by the UK's National Association of Pension Funds (NAPF).

UK - An Amicus official has been criticised by union colleagues over increases in pension and pay months before she applied for voluntary redundancy.

UK - Fast-expanding bar chain SFI Group has been censured by the Financial Services Authority for a serious breach of listing rules.

UK - Law firm Hammonds is warning clients over the potential impact of two European judgements which extend transfer rights to early retirement.

UK - The Institute of Actuaries is holding a sessional meeting on pension schemes and fixed income investment in London on January 26.

UK - More than 120 workers who have lost their pensions through scheme wind-ups demonstrated outside prime minister Tony Blair's constituency office on Saturday.

UK - Most companies do not realise the level of shareholder concern over executive pay, new research shows.