United Kingdom

UK - Unilever Pension Fund (UK) has outsourced part of its administration service to Hewitt, Bacon & Woodrow.

UK - The government's proposed £1.4m lifetime pensions savings limit will generate more than £7bn in extra revenue for the Treasury, a leading accountancy firm claims.

UK - Drinks giant Diageo has published its first corporate citizenship report, highlighting investor concerns.

UK - Scottish Equitable claims it has developed an answer to the "complicated and time-consuming" task of group transfers.

UK - Schemes that invest in US-based insurance companies are set to get "sweet" returns, Hiscox Investment Management predicts.

UK - Gartmore Investment Management is outsourcing its cash management funds to Morgan Stanley Investment Management.

UK - A scheme's administration department has been ordered to pay more than £8000 in compensation after misleading one member over the value of his pension.

UK - Radical plans to strip scheme trustees of their investment policy-making powers and hand them to employers have been unveiled by Gissings.

UK - Friends Provident has launched a Guide to State Pensions and Contracting-out.

UK - The NAPF is seeking regulatory changes which will enable employers to provide "helpful" pensions advice to their staff.