United Kingdom

UK - Compulsory pension statements for members of DC schemes - which come into force next month - will leave many disappointed, Aqera claims.

UK - Stakeholder and ISAs will "kill off" traditional occupational pension schemes, Towers Perrin claims.

UK - Schemes will be hit by "substantial" new liabilities unless the Inland Revenue's tax reforms are modified, Capital Cranfield Trustees told delegates at the Pensions Management's Institute's ‘Embracing Change' conference, London.

UK - The CCL Industries Pension and Life Assurance Scheme has hired Attica Asset Management to manage its assets.

UK - The department for work and pensions has been lambasted for failing to tackle "difficult decisions" on pension reform.

UK - A major restructuring is under way at Gartmore Group following the resignation of chief investment officer, Peter Chambers.

UK/US - The UK's Universities Superannuation Scheme is developing what it claims will be the first ever set of corporate governance guidelines for gauging company practices in the US.

UK - Escalating costs from the war against Iraq could derail government plans to boost occupational pension schemes, industry experts fear.

UK - Financial services recruitment firm AJB Executive Search has moved offices.

UK - The NAPF has appointed six new board members to its benefit and investment committees.