United Kingdom

UK - Indemnity insurance needs to be made more widely available to scheme trustees to encourage a high calibre of candidates, Reynolds Porter Chamberlain says.

UK - Members of the GMB, one of the unions behind last week's industrial action at chemical giant Rhodia, are scheduling further strike dates for August and September.

UK - Ark Life Assurance has chosen an Aquila pensions administration system as the service platform for its new group personal retirement savings account product.

UK - Hermes Pensions Management has appointed Gillian Brown and Shane Feeney to its private equity team.

UK - Millions of final salary scheme members may need to increase contributions by £1bn a year to plug scheme deficits, Aon Consulting warns.

EUROPE/UK - Fund managers across Europe must alter their sales processes radically to boost win rates and cut costs, new research suggests.

UK - Michael Amey is to join PIMCO as senior vice-president, UK fixed income.

UK - JPMorgan Fleming Asset Management has introduced a US fund to its Dynamic fund range.

UK/EUROPE - Schemes in the UK and throughout Europe are maintaining their commitment to equities despite market volatility, a survey by Invesco shows.

UK - Institutional investors put short-term gain ahead of long-term shareholder value, a new study shows.