United Kingdom

UK - Winterthur Life's single premium pensions business rose 51% in the first quarter to £172m against an industry average of 3%.

UK - Fund managers and consultants are predicting mandates worth "billions of pounds" in the wake of the government's decision to set up a Pension Protection Fund.

UK - The progression of the UK defined contribution market has been so rapid that there are virtually no lessons to be learned from the United States experience, a leading consultant claims.

UK - JPMorgan Investor Services has hired Teresa McGonagle as a global practice leader.

UK - Chris Chapman has joined SEI Investments as its global business manager.

UK - New laws may be needed to clamp down on pre-retirement pension top-ups for executives, corporate governance experts claim.

UK - Top-ups to meet final salary scheme commitments have shaved billions of pounds off company profits, official figures reveal.

UK - State Street Global Advisors has been awarded the Queen's Award for Enterprise in International Trade, in recognition of its success in attracting overseas clients.

UK - Edinburgh Fund Managers has appointed Bill Blakey as head of discretionary investment sales, based in London.

UK - Scottish & Newcastle has launched an employee benefits website to give comprehensive information on its pension and share benefits schemes.