United Kingdom

UK - Goldman Sachs Asset Management has promoted Hywel George and Stuart McPherson to co-chief investment officers of its European equity business.

UK - Pension funds want firms to encourage staff to use web-based annuity calculators but warn them not to rely on the projections too heavily.

UK - Scottish Equitable has appointed Christina Nelson as a senior disability claims manager.

UK - Almeida Associates has appointed Chris Ivey as a manager to help develop its private equity placement and advisory services.

UK - Jardine Lloyd Thompson Employee Benefits has appointed Richard Jones as marketing manager.

UK - Fund managers have hit back at Paul Myners's claim that shares trading creates no extra value for pension funds.

UK - Information technology staff rate training courses higher than their company pension, a survey has shown.

UK - Company donations to political parties will face opposition from pension funds under new voting guidelines from PIRC.

UK - BT has dismissed reports it is putting an additional £1.5bn into its pension scheme over the next 15 years as pure speculation.

UK - Associated British Ports has closed its £385m final salary pension scheme to new members - despite a 9% surplus.