United Kingdom

UK - The asset management industry "abdicated responsibility" towards schemes during the financial crisis of 2008 and needs to become more responsible towards clients, Hermes says.

IRELAND/UK - IFG Group, which bought UK pension provider James Hay last year, wants to acquire other personal pension managers in Britain under pressure to boost capital, chief executive officer Mark Bourke said.

UK - Former Gartmore star Guillaume Rambourg is looking for another role in fund management following the FSA's decision not to take any formal disciplinary action against him.

UK - Schemes should steer clear of UK government bonds if they want to maintain the real value of their capital and secure a positive real income, AXA Investment Managers warns.

UK - Pensions minister Steve Webb has confirmed that a single flat-rate pension is one of a range of options that will be explored in a green paper to be published shortly.

Towers Watson, LV=Asset Management, Future Fund, PGGM, Aegon, Hermes, Sandler O'Neill & Partners

UK - Trustees remain wary of making allocations to emerging market debt despite recognising its diversification potential, an Aberdeen Asset Management survey shows.

UK - IT firm Damovo has appointed Goddard Perry Consulting (GPC) to launch and service its new Group Personal Pension (GPP) plan.

UK - Henderson Global Investors has launched a defined contribution (DC) version of its Diversified Growth fund.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.