United Kingdom

UK - Trade secretary Patricia Hewitt has dismissed calls to delay the implementation of Derek Higgs's proposals on the role of the non-executive director.

UK - The government should replace its £1.4m savings limit with a "contributions limit" to encourage people to save earlier in their career, Legal & General claims.

UK - Pensions law firm Sacker & Partners has promoted solicitor Faith Dickson to partner and Peter Murphy to associate.

UK - ISIS Asset Management has appointed Richard Fletcher to the role of director, head of credit analysis.

UK - Police officers may be allowed to carry on working while drawing their pension if a pilot study to retain personnel proves successful.

UK - More than half of UK schemes have ruled out investing in hedge funds, research from JPMorgan Fleming Asset Management reveals.

UK - Pension funds are backing government moves to clamp down on "golden handshakes" for top executives.

UK - Unions are threatening to step up industrial action at media giant Trinity Mirror unless it reopens its three final salary schemes to new members.

UK - Yorkshire Fittings has appointed Jagger & Associates to act as investment advisers on its newly-created pension scheme.

UK - The government is being urged to scrap unfunded public sector pension schemes to boost local authority budgets.