United Kingdom

UK - Around 13 million workers have no pension pot and many do not care, a new study reveals.

UK - Watson Wyatt has released a report to help pension managers reduce risk and manage their costs.

UK - Ian Cormack has been appointed investment partner at recently formed investment management group Edinburgh Partners.

UK - Deutsche Asset Management has appointed Bill Hughes as chief executive officer of its real estate investment management and advisory division, Deutsche Property Asset Management UK.

UK - Trustees may be at risk of mis-selling claims if they fail to advise members that annuity rates are at a historic low, an expert warns.

UK - Standard Life Investments (SLI) is to target pension funds and trust authorities with the proposed launch of two new euro and dollar money market funds early next year.

UK - Firms with final salary schemes are being targeted in a nationwide mailout advising them to freeze their plans immediately.

UK - Consultant Hewitt Bacon & Woodrow has moved its London offices to the More London development, which is based on Tooley Street, Tower Bridge.

UK - Bond specialist PIMCO has been appointed to run two fixed income mandates for Abbey National's multi-manager bond fund.

UK - Credit Suisse Asset Management has appointed Neil Gregson as its first head of emerging market equity.