United Kingdom

UK - The reasons companies give for closing final salary schemes should be reviewed to guard against legal claims from employees, lawyers warn.

UK - Scottish Life has launched a marketing campaign aimed at helping IFAs increase the quality of investment-related information.

UK/US/EUROPE - Equity markets could face a decade-long recession if property markets fall, State Street Global Advisors warns.

UK - The HarperCollins Publishers' pension schemes have appointed Frank Russell to manage their global equity mandates.

UK - Corporate social responsibility standards for the financial services sector have been developed by insurers and leading high street banks.

UK - State Street Global Advisors has strengthened its enhanced equity capability with the appointment of Simon Roe as senior investment manager.

UK - Liability caps could be the difference between actuarial firms retaining or losing pension scheme clients, a manager warns.

UK - Shipping underwriter A. Bilborough has appointed Jagger & Associates as an investment adviser to its £13m pension scheme.

UK - High yield stocks have retained their value better than low yield stocks over the last 16 years, research by Merrill Lynch Investment Managers shows.

UK - Scottish Widows Investment Partnership has appointed Nick Thompson as investment manager to its US equity desk, effective December, 2, 2002.