Scottish Widows Investment Partnership has combined its global developed and global emerging markets desks after six investment directors quit the firm for rival investment manager Martin Currie.

The £3.9bn Lancashire Pension Fund is set to shun the traditional single investment consultant mandate in favour of hiring a bench of specialist consultants.

Labour and Liberal Democrat proposals to restrict tax relief on pension contributions have been branded "unfair" by the Institute for Fiscal Studies.

Scottish Widows Investment Partnership has promoted Peter Cockburn to head of UK equities.

The Universities Superannuation Scheme needs switch to a career average structure and increase the normal pension age to 65, the Employers Pensions Forum urges.

UK - The Universities Superannuation Scheme (USS) needs switch to a career average structure and increase the normal pension age to 65, the Employers Pensions Forum urged.

Gordon Brown has sparked confusion over Labour policy on high earners pensions after he reiterated plans to remove tax relief for those earning more than £100,000.

Aon Consulting UK has appointed Alistair Connell to a new dedicated chief executive position.

Gordon Brown's suggestion the Labour Party would extend its policy to restrict pensions tax relief to include people earning more than £100,000 was a "slip of the tongue", a Labour spokesman says.

UK - Gordon Brown's suggestion the Labour Party would extend its policy to restrict pensions tax relief to include people earning more than £100,000 was a "slip of the tongue", a Labour spokesman says.