United Kingdom

UK - Morley Fund Management has released two senior executives after falling markets forced it to scale back its operations.

UK - Consultant Barnett Waddingham is running a series of free seminars on current pension topics at its new offices in Liverpool.

UK/US - Henderson Global Investors may withdraw stocks in BP from all its SRI funds.

UK - British Telecom could be forced to raise its prices in an effort to close an estimated £5.9bn deficit in its £26.6bn scheme.

UK - The £15bn Universities Superannuation Scheme has invested £10m in Schroder Property Managers' Hercules Unit Trust.

UK - State Street Global Advisors has hired Minh Hoa Pham from Schroders as a risk management analyst, global fixed income.

UK - Fund managers are looking unfavourably on companies which want to raise extra cash on the stock market, Isis Asset Management claims.

UK - Property consultant Cluttons is warning schemes that their investments in the high street retail sector will underperform others over the next five years.

UK - Threadneedle Asset Management has added an active equity fund to its pooled pension fund range.

UK/EUROPE - British MEPs are exploiting a loophole in the European legislative system which lets them claim an additional government-funded pension in retirement.