UK - The Local Government Pension Scheme (LGPS) should increase its retirement age to 66 and limit pensionable pay to £75,000 ($115,000) a year, the London Pensions Fund Authority (LPFA) said in its submission to the Public Service Pensions Commission....
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.
US - The California State Teachers' Retirement System (CalSTRS) withdrew 21 of 28 shareholder proposals filed during the 2010 proxy season after successfully engaging companies to make corporate governance changes.
CANADA/AUSTRALIA - The Canada Pension Plan Investment Board is to buy Intoll Group for A$3.44bn ($3bn) after increasing its initial offer for the Australian toll road operator.
IRELAND/US - State Street, the world's second-biggest money manager for institutions, is in talks to purchase Bank of Ireland's asset-management business, according to three people familiar with the matter.
UK - The London Pensions Fund Authority is considering teaming up with other schemes to help improve its shareholder engagement in emerging markets.
US - Miami is failing to do enough when investment managers miss their targets, a report into the city's pension funds suggests.
AUSTRALIA/CANADA - The Canada Pension Plan Investment Board has teamed up with Australia's Future Fund to contribute A$750m ($665m) to Colonial First State Global Asset Management's restructured retail property fund.
CHILE - Chilean pension funds are boosting holdings of foreign bonds to record levels after a dearth of local corporate sales pushed yields to a two-year low.
Chris Panteli looks at issues around the use of contingent assets