United Kingdom

UK - Over 15 organisations representing older people in Scotland have agreed to come together under the umbrella of NPC Scotland.

UK - Industry experts were not impressed by Gordon Brown's efforts in his pre-Budget speech to sweeten the pill for his controversial proposals on individual pensions limits.

UK - British Airways has told staff that their benefits could be slashed by 40% if the company became insolvent.

UK - Hedge funds continue to gain ground as an increasingly significant section of the global alternative investment industry, with a new survey revealing that institutional investor allocation in european funds of hedge funds is rising swiftly.

UK - Beckett Financial Services is restructuring in a bid to widen its presence in the pensions, asset management and financial planning markets.

UK - Annual savings from the sale of the BBC's technology division could be enough to offset the corporation's annual pension costs of £33m.

UK - Fund managers are warning schemes to brace themselves for lower equity returns next year.

UK - Stakeholder pensions are taking an increasingly large part of the regulator's time, new figures show.

UK - MNPA has been appointed to provide administration, accounting and pensioner payroll services to the Morgan Crucible Pension Scheme.

UK - A new tax on the property industry introduced this week will have a "serious impact" on schemes, Credit Suisse Asset Management warns.