United Kingdom

UK - Credit Suisse Asset Management's three flagship institutional UK equity funds outperformed the FTSE All-Share Index last year.

UK - The National Association of Pension Funds has rejected City criticism of the Higgs Review on the role of non-executive directors.

UK - Watson Wyatt has set up a website to collect the views of employers and pension schemes on the government's pension reform proposals.

UK - The Association of British Insurers is questioning whether Financial Services Authority proposals to improve transparency in sales literature justify their costs.

UK - MoneyAM - the website for investors and traders - has launched a Level 2 subscription that will provide more detailed share information.

UK - Lex Service Pension Scheme has appointed Aegon Asset Management to manage £57m in bonds.

UK - Thousands of retired coal miners and miners' widows are lobbying the government to use a £5bn pension fund surplus to boost their benefits.

UK - Unions are threatening industrial action at the chemical company Ineos over its decision to halve accrual rates in its final salary scheme.

UK - Fund managers in the UK are divided over a call by a leading consultant to align their benchmarks with pension liabilities.

UK - Schroder Investment Management claims companies have trimmed the excesses of the bubble years and are now lean and competitive.