United Kingdom

UK - Scottish Widows Investment Partnership has strengthened its UK small cap team with the appointment of two investment directors.

UK - Isis Asset Management has reported a £5.5m drop in pretax profits.

UK - Wesleyan Assurance Society has appointed Julie Stubbington as HR operations manager.

UK - Courts have been given increased powers to recover pension scheme funds that are proceeds of crime.

UK - Equitable Life policyholders could miss out on compensation due to the "muddled" investigation into the beleaguered insurer's troubles, MPs fear.

UK - Unions are targeting Lloyds TSB and building materials firm Hanson over the size of their departing chief executives' pension pots.

UK - Schemes have warned the government that legislation on the Myners Report will derail its plans for simplification.

UK - Seven out of 10 employees would prefer to work for a firm which offers a choice of benefits rather than a fixed package, a new survey shows.

UK - British Aerospace has agreed to take on a greater share of its pension schemes' deficit and increase contributions over the next three years.

UK - The Pre-Retirement Association has set up a new website to help educate the public about money and financial management for retirement.