United Kingdom

UK - Scottish Widows Investment Partnership has been accused of using misleading and misrepresentative figures in a bid to woo pension scheme trustees.

UK - Pensions minister Ian McCartney is seeking more ethnic minority response to the pensions Green Paper.

UK - Equity Partnerships Fund Management has acquired four retail properties from Clerical Medical Investment Management - now Insight Investment Management - for £5.1m.

UK - Ralph Frank has joined Mercer Investment Consulting in London as a senior consultant and European principal.

UK - SEI Investments has appointed Dennis McGonigle to the position of chief financial officer.

UK - The £2.2bn Tyne & Wear Pension Fund has increased its exposure to commercial property with the acquisition of four offices.

UK - Fund managers should overhaul their transaction processes as poor systems waste time and cost schemes money, Gartmore Investment Management claims.

UK - The government is considering ending the 1% cap on stakeholder fees.

UK - Postcomm - the postal regulator - has allowed the Royal Mail to increase the price of stamps in a bid to stem a massive £330m pension deficit.

UK - Old Mutual's Hasan Askari, currently a non-executive director of Old Mutual Financial Services, will become deputy chairman of OMFS.