United Kingdom

SCOTLAND - The Highland Council Pension Fund has is looking for managers to oversee mandates of up to £300m assets, following the decision by Rothschild Asset Management to review the future of its investment business.

UK - Watson Wyatt has appointed Richard Timmins as head of finance and business services.

UK - SEI claims it has become the UK's largest independent manager of managers after winning six new pension fund mandates this year.

UK - Isis property has let 20, New George Street, Plymouth, to wormen's fashion retailer Monsoon.

UK - OPRA's campaign to name and shame bogus pensions liberation firms has been slammed as "too little, too late".

UK - Unilever and retail giant Selfridges have ended their contribution holidays - and experts believe many more schemes will follow suit.

UK - Merrill Lynch Investment Managers has hit back at reports that it will be sued by Surrey County Council Pension Fund over poor performance.

UK - Investec Asset Management has warned schemes to remain under weight in global equities as they do not offer "compelling value".

UK - A test case against the Big Food Group over the closure of its defined benefit scheme is on the verge of collapse, a source claims.

UK - Trustees have been urged to take immediate steps to rectify any non-compliance with the Data Protection Act because the initial "period of grace" is now over.