United Kingdom

UK - Two men have been sentenced to a total of five-and-a-half years for defrauding the Inland Revenue through a pensions liberation scam.

UK - Employees' pensions awareness and understanding is "woefully low", claims Invesco Pensions chief executive David Butcher.

UK - The Pre-Retirement Association has launched a website aimed at educating the public about money and financial management.

UK - Managing employee benefits effectively can make all the difference to staff performance and retention, law firm TLT says.

UK - Fears over mass closures of DB pension schemes are exaggerated, a new Jardine Lloyd Thompson survey shows.

UK - A former adviser with the consultancy Institutional Design has set up his own London-based corporate governance consultancy.

UK - Trustees are facing an unquantifiable bill to cover death benefits for thousands of reservists that could be called up for a war against Iraq.

UK - Schemes are being urged to help fund public finance initiative (PFI) projects which can "offer near ideal long-term investments".

UK - The Rolls-Royce pension scheme has frozen its in-house additional voluntary contribution scheme in a bid to curb spiralling liabilities.

UK - Alexander Forbes' and Lane Clark & Peacock's joint venture company, Investment Solutions, has been given regulatory approval by the FSA to offer its services in the UK market.