United Kingdom

UK - City regulators will delay their crackdown on fund managers and soft commissions if the changes put the UK at a "competitive disadvantage".

UK - Publishing giant Trinity Mirror is gearing up to launch a defined contribution pension plan from the beginning of July.

UK - Law firm Wragge & Co is holding a pensions training seminar on professional indemnity.

UK - Investment management stalwart Andreas Utermann is to return to managing pension fund money after a two-year break.

UK - State Street Global Advisors has promoted Rick Lacaille to chief investment officer, UK.

UK - Pension funds are spearheading the UK response to moves for an international code of practice on shareholder responsibility.

UK - Telecommunications giant Cable & Wireless has revealed a £476m deficit in its defined benefit scheme - a tenfold increase on the previous year.

UK - Invesco has launched its first enhanced index product for UK investors through its institutional UK equity fund.

UK - Watson Wyatt has appointed Graham Renwick as a senior consultant in its benefits practice, based in Reigate.

UK - Work and pensions secretary Andrew Smith has revealed the full line-up for the employer taskforce on pensions which was outlined in the Green Paper.