United Kingdom

UK - Any government plans to give transsexuals the right to marry would open pension funds to additional spouses' pension benefits, lawyers warn.

UK - Cable & Wireless is to come under scrutiny from the Financial Services Authority for misleading institutional investors by not disclosing a £1.5bn tax liability.

UK - The NAPF has published its 2003 training brochure which highlights the wide range of courses that the association will be holding in the coming year.

UK - PSolve has captured 10% of the local government scheme market after winning new mandates from three London-based schemes.

UK - The Pensions Protection Investment Accreditation Board has renewed the raising standards accreditation for Prudential, Eagle Star Life and Zurich Life.

UK - The House of Commons work and pensions select committee is set to conduct more public evidence sessions in January.

UK - Merrill Lynch Investment Management has made senior UK equity fund manager, Nick Roberts, redundant.

UK - Baring Asset Management is to offer pension funds an alternative to a mainstream index or peer benchmark with a "targeted return investment strategy".

UK - Britannic Asset Management is making 40 of its 320 staff redundant as part of a cost-cutting exercise.

UK - Less than 0.25% of the population would pay a £1000 windfall into their pension, research by Axa UK has found.