United Kingdom

UK - Scheme members left out of pocket when their employers' scheme failed are to march on Downing Street to demand government action to restore their lost retirement savings.

UK - The government is seeking guidance from pension funds on whether to back the UK's corporate governance framework with legislation.

UK - NAPF plans to set up a special forum for defined contribution providers have received a cautious welcome.

UK - A quarter of shareholders voted against or abstained on HSBC's executive remuneration plans at the bank's annual meeting.

UK - Schemes can still expect their European equity portfolios to outperform despite fears over the German economy, fund managers claim.

UK - A leftwing think-tank is setting up a consortium of pension groups in a bid to improve member protection in scheme wind-ups.

UK - The Trades Union Congress is making wide-ranging changes to its pension plan to offset an MFR deficit of £8m.

UK - Northern Foods increased its employees' contribution rates into its £430m final salary scheme by 40% last year.

UK - The pensions ombudsman has taken the unprecedented step of outsourcing casework to junior barristers, IPN's sister publication, Professional Pensions can reveal.

UK/US - Conservative pensions spokesman David Willetts has been on a fact-finding trip to the US to learn more about guaranteed pensions.