United Kingdom

UK - The 180-year-old London stockbroker Cazenove - which has the Queen as one of its clients - has closed its final salary pension scheme to new recruits.

UK - Red tape and a reluctance by employers to make contributions into stakeholder schemes have prevented workers from making payments, HSBC claims.

UK - Housebuilder Berkeley Group's decision to award a retrospective £1.2m incentive to managing director Tony Pidgley has triggered a massive protest from shareholders.

UK - Asset management firm Isis is hosting a roadshow to discuss the development of business solutions for IFAs.

UK/ASIA - ISIS has strengthened its Asian team with the appointment of Mike Kerley as director, Pacific Basin equities.

UK - Corporate governance experts expect pension schemes to play a greater role in putting a brake on executive pay.

UK - Many people approaching retirement fail to realise they need to plan for long-term incomes, The Annuity Bureau claims.

UK - The regulation of schemes in wind-up is the focus of the latest issue of OPRA's monthly magazine, Bulletin.

UK - More than £1.1bn of assets of the £83bn Local Government Pension Scheme are out to tender in a frenzy of activity.

UK - B&CE Benefit Schemes has opened its 250,000th stakeholder pension and now has more than £100m in assets under management.