United Kingdom

UK - Employers and trustees will have to reimburse legal expenses if a successful claim is made to the ombudsman regardless of the circumstances.

UK - MFS International (UK) has appointed  Liz Hawes as a sales support executive.

UK - IFA Aitchison & Colegrave is holding four seminars focusing on the Green Paper.

UK - Baring Asset Management has boosted its fixed income capability with two hires.

UK - Returns on index equity funds do not justify their risk when compared to corporate bonds, Isis Asset Management maintains.

UK - Tax relief on pension contributions should be changed in a bid to tackle the growing pension crisis, new independent research proposes.

UK - The government has announced there will be no change to the general levy rates paid by occupational and personal pension schemes in the year to April 2004.

UK - Consultants' claims that small schemes do not receive enough risk diversification from segregated property portfolios are "overstated", MNPA claims.

UK - A clampdown by the Accounting Standards Board on firms that fail to disclose accurate company turnover figures has been welcomed by pension funds.

UK - Pointon York SIPP Solutions is set to launch a nationwide radio advertising campaign.