United Kingdom

UK - Independent financial advisor Wentworth Rose is gearing up to market its pensions products in the workplace.

UK - Nicola Horlick is stepping down from the post of chief executive at SG Asset Management.

UK - The Society of Pensions Consultants has teamed up with the Law Society to look at pensions sharing on divorce.

UK - Independent trustees are stonewalling scheme sponsors over increased employee pension contributions unless any extra payments are ring-fenced.

UK - Schroder Property Investment Management is acquiring the Cortonwood Retail Park in Rotherham from St Paul's Developments for £46.5m.

UK - Beleaguered mutual Equitable Life has won the right to sue accountant Ernst & Young for £2.6bn over negligence.

UK - National Grid - a £1.2bn part of the Electricity Supply Pension Scheme - has appointed Morley Fund Management to run a £300m fixed income mandate.

UK - Shropshire County Council's £530m scheme is to make its first investment in hedge funds.

UK - Interest rates are unlikely to fall any further following the Bank of England's 25 basis point cut to 3.5%, fund managers believe.

UK - Isis Asset Management has been awarded an £125m fixed income mandate from the Rhondda Cynon Taf County Borough Council Pension Fund.