United Kingdom

UK - New pension schemes will have the right to appeal Inland Revenue's determinations on their tax status, delegates at the recent PMI Conference heard.

UK - Schroder Property Investment Management is restructuring following the departure of deputy managing director Bill Hughes.

UK - The pensions crisis could have been averted through better government leadership, claim the Liberal Democrats.

UK - Delays in abolishing the minimum funding requirement are causing massive uncertainties for pension schemes, actuaries warn.

UK - Scheme members at failed insurance broking group Bradstock have been warned they face a "waiting game" to see how much liquidators can retrieve.

UK - AXA Investment Managers has appointed Paul Griffiths as UK chief investment officer from Investec Asset Management.

UK - Increasing sales of impaired annuities will force up rates for standard policy holders, claims Watson Wyatt.

UK - Government plans to end age discrimination could lead to a pensions meltdown, employers fear.

UK - Invesco Asset Management has denied mounting market speculation that it is planning to integrate its defined benefit and defined contribution businesses.

UK - Pensions administrators will see their jobs outsourced to China and India unless they overcome their Luddite tendencies.