US - Contractors seeking business from the California Public Employees' Retirement System will have to disclose whether or not they used an agent, the pension fund said.

US - Trustees of the New York City Pension Funds have asked four banks to review their foreclosure policies saying they could be causing unnecessary foreclosures.

GLOBAL - Deutsche Bank AG and the California Public Employees' Retirement System are among 259 investors urging policy makers to combat global warming or face mounting economic disruptions in the next 40 years.

FRANCE - The Fonds de réserve pour les retraites (FRR) has fired BlackRock from a €478m ($651m) US small-cap equity portfolio, taking 87% of the assets the firm runs in the strategy.

GLOBAL - Within the next five years, revenues brought in by Mercer's investment management functions could outpace those brought in by its massive $3.5trn in advisory assets, Andrew Kirton, global chief investment officer said.

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.

Mercer has restructured its investments and retirement businesses and appointed Andrew Kirton to the new role of global chief investment officer.

GLOBAL - Mercer has reshuffled its top ranks and moved Andrew Kirton to the new role of global chief investment officer.

NETHERLANDS - Dutch pension assets managed by external managers soared by 21% in the year ended March 31 to €922bn ($1.3trn), a report by consultancy Bureau Bosch shows.

The European Federation of Retirement Provision has appointed Patrick Burke as its new chairman.