United Kingdom

US - Media publisher McClatchy said it expects to lose US$32m from its investment in a fraudulent scheme run by Westridge Capital Management.

UK - The Universities Superannuation Scheme has diversified its property allocation in a deal with Henderson Global Investors' UK Retail Warehouse Fund.

UK - Nearly two-thirds of pension managers believe personal accounts will not go ahead in their current form.

Sebastian Cheek asks why reform to the local government pension scheme is needed and how it can be achieved

UK - The National Association of Pension Funds has called on the government to skew gilt issuance towards long-dated and index-linked gilts.

UK - Ofcom has published a consultation on how it accounts for BT's pension costs when setting regulated wholesale charges for telecommunications services.

UK - The Information Commissioner's Office has ruled Verity Trustees, the independent trustees for The Pensions Trust, breached the Data Protection Act when unencrypted personal data of 110,000 scheme members was stolen from its software provider.

UK/UNITED ARAB EMIRATES - Fund managers have sought to downplay the potential fallout from the Dubai debt crisis on both their holdings and the global economic recovery.

UK - Personal accounts will definitely see its name changed before its introduction in 2012, Helen Dean said.

UK - The majority of pension funds want to see the government issue more long-dated and index-linked gilts, the National Association of Pensions Funds' Annual Survey showed.