United Kingdom

UK - UBS has forecast that pension fund deficits could fast disappear despite a 30% fall in assets since 1999.

UK - Mercer Human Resource Consulting has unveiled a new method for evaluating executive pay which, it says, promotes greater transparency.

UK - Leicestershire County Council Pension Fund has sold a retail warehouse investment to ARD Properties for £1.542m, reflecting a yield of 5.95%

UK - Key measures of the government's pension reforms package include:

UK - The sale of financial services products in the workplace is set to soar over the next two years, latest research by Tillinghast Towers Perrin shows.

UK - Business services groups Capita Group and Hays have dropped out of the FTSE100 index, and been replaced by Rolls Royce and Royal & SunAlliance Insurance Group.

UK - RMT members at logistics company Exel are to be balloted on the company's decision to close its final salary pension scheme to new entrants.

UK - The Ministry of Defence has lost a monumental test case that could prompt thousands of ill-health pension compensation claims from ex-servicemen.

UK - Consultants have criticised the government's Pension Protection Fund as another penalty on well-run firms.

UK - Russell/Mellon CAPS has boosted its transaction costs analysis service which, it claims, will save schemes money.