United Kingdom

UK - Defined contribution scheme managers are welcoming National Association of Pension Funds' initiatives to give them a greater role in the association.

UK - Royal & SunAlliance is continuing the outsourcing drive at its UK Life office in a bid to cut costs.

UK - Aon Consulting is among a number of firms tendering for the role of investment consultant for the £283.8m Audit Commission's Pension Scheme.

UK - Schroders has strengthened its UK fixed income team with two new appointments from bond manager, Pimco.

UK - Mercer Human Resource Consulting is holding a seminar on whether defined contribution pension plans are meeting expectations.

UK - Four companies have been excluded from the FTSE4Good Index for failing to meet revised human rights and environmental criteria.

UK - Pension funds must keep faith in equities and ignore the "inherently absurd" arguments against investing in stocks, Chiswell Associates says.

UK - Insight Investment is set to offer schemes structured products to meet the "growing demand" for liability-matched mandates.

UK - The Occupational Pensions Defence Union is holding an open annual meeting at the London offices of Freshfields Bruckhaus Deringer on November 13.

UK - One in four adults spends more on the National Lottery than pensions, hoping for a big win to fund their retirement, Legal & General claims.