United Kingdom

UK - Unions are demanding standardised pension deals for Tube workers before they consider a new long-term deal with London mayor Ken Livingstone.

UK - JPMorgan Investor Services has hired Marie Konstance to lead sales and business development for its global information products group.

UK - Operating final salary schemes in today's changing world will be the subject of a series of complimentary breakfast seminars in Bristol this autumn.

UK - The financial services sector is wasting about £1.5bn a year on outdated administration systems, software provider Marlborough Services claims.

UK - Mercer Human Resource Consulting is organising a series of free half-day seminars to discuss whether DC plans are meeting expectations.

UK - Escher Teams has ditched its entire overseas equities line-up from its manager-of-managers product.

UK - An OPRA guide for IFAs has been applauded by Jardine Lloyd Thompson's financial intermediary services division.

UK - Jones Lang LaSalle's second quarter commercial property auction market figures show a large increase in activity.

UK - Aberdeen Asset Management has broken off talks over the sale of its property arm to British Land because the offer was too low.

UK - A £1.4m pay package for Dixons chief executive John Clare is under the spotlight after the electronics retailer issued a severe profit warning in January.