United Kingdom

UK - Scottish Equitable has launched two with-profits funds aimed to reduce short-term volatility and to increase transparency in the market.

UK - OPRA has issued a draft guide on the charging requirements for stakeholder pensions for scheme managers, trustees and their advisers.

UK - MSCI has improved the methodology used for its global value and growth index series in a bid to reflect global markets more effectively.

UK - A loophole in minimum funding requirement regulations could allow trustees of schemes in wind-up to boost members' benefits, consultants claim.

UK - The Engineering Employers' Federation (EEF) has welcomed recent proposals by the NAPF to reform the UK's battered pension system.

UK - Mercer Human Resource Consulting will be holding a series of pensions knowledge courses for trustees until December.

UK - The Pensions Management Institute has launched a qualification for financial advisers who work with pension scheme trustees.

UK - Royal & SunAlliance has launched an online benefits statement which will give employees an immediate assessment of their salary, pension and benefits position.

UK - Pension schemes are set to boost their property allocations but they will still be only half of asset liability model study levels.

UK - The £250m Parliamentary Contributory Pension Fund is seeking an administrator.