United Kingdom

UK - Pension schemes are backing a £500m offer made by Collins Stewart for the Telegraph Group.

UK - Nine out of 10 companies have rejected the need for EU legislation on corporate governance, a survey by Hewitt Associates shows.

UK - British Nuclear Fuels has struck a deal with unions to ensure shift workers receive enhanced pensionable pay to match white collar staff at the Sellafield power plant.

UK - International pensions and insurance specialist Berkeley Burke Group has acquired Romford-based Macartney & Dowie.

UK - Standard Life Investments is to launch five multi-manager funds, which will be constructed by the US-based consultant Wilshire Associates.

UK - A bitter row has broken out between Isis Asset Management and the WWF over a controversial media campaign opposing BP's £1.8bn cross-border oil pipeline.

UK - New government rules intended to make annuities more "flexible" have been slammed by the pensions advisory service.

UK - Police officers will have to work an extra five years for their pension if a consultation paper issued by the Home Office is accepted.

UK - Employers are holding off until "Budget day" next April to make any changes to their pension schemes, a new survey claims.

UK - The government's new pensions tax regime may be delayed until 2006 because of "quibbles" over the £1.4m savings cap, experts claim.