United Kingdom

UK - Barclays Bank has launched its hybrid pension scheme for new staff members.

UK - Morley Fund Management has appointed David Watson chief financial officer - subject to regulatory approval - and a board member.

UK - Government proposals over the distribution of funds during scheme wind-up have been branded "pathetic" by the City's most senior pensions lawyers.

UK - Consultants have called on the government to clarify moves to push guaranteed minimum pensions down the priority list.

UK - A definitive investment strategy for pension schemes in the 21st century is impossible to devise, according to Lane Clark & Peacock.

UK - Mellon Global Investments, a unit of Mellon Financial Corporation, has appointed Keats Brydon as institutional marketing manager.

UK - Mercer Human Resource Consulting (MHRC) has appointed Elizabeth Renshaw-Ames as a European partner, based in London.

UK - Baring Asset Management (BAM) has boosted its fixed income team with the appointments of Ece Ugurtas as a director and fund manager and Van Nguyen as a credit analyst.

UK - Schroders is backing a move to value companies on more than just their finances.

UK - Third-party administrators have failed to invest adequately in the bundled DC market and are unable to meet trust-based providers' requirements.