United Kingdom

UK - Actuaries are giving the largest pension schemes "good value for money", a snapshot survey by IPN's sister publication, Professional Pensions, reveals.

UK - Brian Tatch & Co has launched "Trustees' Friend" - an advisory service for lay trustees of occupational pension schemes.

UK - Gissings is hosting a free seminar on tactical investments next month.

UK - The £266m AEA Technology Pension Scheme has appointed Merrill Lynch Investment Managers to run a £26.6m fixed income mandate.

UK - Sun Life Financial has been ordered to pay a widow almost £4000 in compensation after reneging on a promise over a lump sum payout.

UK - The £1bn Rexam Pension Plan will lose 8% of its active membership following the sale of its sponsor's medical flexible packaging business.

UK - Pension fund trustees are being urged to draw up suitable business plans to manage schemes' long-term liabilities effectively.

UK - The government has outraged ex-pitmen by continuing to take money out of the coal miners' schemes despite one having a £390m deficit.

UK - Scottish Life has announced details of "streamlined joining" - a new process to improve take-up under its group pension arrangements.

UK - Employers have hit back at union claims of "boardroom hypocrisy" over final salary pension provision.