United Kingdom

UK - Saghar Bigwood has been recruited as director of product and business development for tax solutions specialists GOAL from Citigroup.

UK - Inadequate pension savings are forcing record numbers of over-50s to stay at work, new research claims.

UK - Potential scheme wind-up costs have forced unlisted construction company Mansell to accept a lower offer from engineering giant Balfour Beatty.

UK - Open final salary schemes in the private sector now form the minority of the NAPF's membership.

UK - Unilever is to more than double employer and employee contributions in a bid to curb its growing scheme deficit.

UK - Axa Real Estate Investment Management has closed its European office fund to new investors after receiving e135m (£94m) of funding from schemes and other institutions.

UK - JPMorgan Investor Services is launching a series of "dial-in" forums in a bid to increase clients' understanding of global corporate actions.

UK - Axa has launched a bulk transfer service for occupational pension scheme trustees and their advisers.

UK - Man Group , a global provider of alternative investment products and solutions and futures broker, has acquired 25% of BlueCrest Capital Management for £105m in cash and shares.

UK - Life assurers could save £2.75bn per year if they embraced new technology for sales and administration, a new report claims.