United Kingdom

UK - UK pension funds are increasing their allocations to local emerging-market debt (EMD), according to a new report by Moody's.

UK - Fidelity has appointed Paras Anand and Richard Lewis to head up its pan-European and global equities divisions.

UK - The Pension Protection Fund has confirmed the levy estimate for 2012/13 will be £550m ($860m).

UK - Uniq, the chilled food supplier still 90% owned by its pension scheme, has reported a 47% rise in operating profits to £4.7m ($7.3m)in the first half of the year.

UK - Latest longevity projections from the Continuous Mortality Investigation will have a minor affect on pension scheme liabilities, Aon Hewitt says.

UK/SWITZERLAND - Swiss banking giant UBS has raised its estimate of the losses allegedly caused by rogue trader Kweku Adoboli to $2.3bn.

UK - The Pensions Bill will have its third reading in the House of Commons on 18 October.

UK/DENMARK - NOW Pensions, the new scheme to be launched by Danish group ATP early next year, has vowed to bring "highly competitive" charges to the UK market.

UK - The aggregate funding deficit of schemes in the PPF 7800 index shot up by 75% in the month of August pushing funding levels below 90%, latest figures show.

UK - Almost one in five pension schemes currently delegate investment decision making to a third-party provider, analysis shows.