United Kingdom

UK/EUROPE/US - Fund managers fear that moves to increase transparency within private equity will significantly lower returns.

UK - Diageo group pensions and benefits director Steve Mingle is to quit his job in January.

UK - The MSCI Hedge Fund Index increased 0.07% in value over October, bringing its year to date performance to 1.27%.

UK - Pension funds increasingly want companies to justify the incentive plans they award directors and executives, according to a survey from Hewitt Bacon & Woodrow.

UK - Outdated pension administration systems will be an increasing burden for companies switching to defined contribution schemes, a survey by software provider CTC shows.

UK - Winterthur Life - the UK life and pensions arm of Credit Suisse - has added the M&G corporate bond fund, to its SIPP investment vehicle.

UK - Employers looking to close their final salary pensions provision must analyse the contribution rules of the scheme, warns Wragge & Co.

UK - Business in the Community will release the results of its two major corporate responsibility indices at a conference on March 12, 2003.

UK - CCLA Investment Management - the UK manager of charitable funds - has chosen FMCSylvan to provide performance and attribution services.

UK/EUROPE - Agency workers are unlikely to win equal pensions rights in the UK, believes Pinsent Curtis Biddle.