United Kingdom

UK - Medium-sized fund managers cannot meet the growing demand for specialist investment and face being squeezed out of the market, Aon Consulting predicts.

UK - Police officers with 30 or more years service are to gain access to a trial phased-in retirement local authority scheme introduced by the Home Office.

UK - High street retailer Marks & Spencer has selected Threadneedle Investments to provide investment and administration services for the new Marks & Spencer defined contribution plan.

UK - Pension funds which demand unlimited liability from advisers must be prepared to pay higher fees, a leading actuary says.

UK - A determination by the pensions ombudsman has made life easier for sloppy administrators, law firm Sacker & Partners claims.

UK - Trade unions have attacked car giant Peugeot over demands that hourly-paid workers should increase their pension contributions from 4% to 5%.

UK - Baring Asset Management has appointed Hilary Denby-Jones as group head of marketing communications and product development.

UK - Credit Suisse Asset Management is bullish on property.

UK - Arno kitts is stepping down as head of JPMorgan Fleming Asset Management's UK institutional investment arm.

UK - A new book on socially responsible investing aimed at investment professionals has been published by Wiley.