FINLAND - State company executives are set to be moved into defined contribution schemes following guidance issued by the Finnish cabinet committee on economic policy.

AUSTRALIA - Over half of superannuation investors are worried the government could change the rules regarding access to their funds, according to the Investment and Financial Services Association (IFSA).

UK - Property company Quintain has sold a 9% stake in a specialist property fund to a number of pension schemes at a 12% discount to net asset value.

GLOBAL - Inalytics has developed a league table of transition managers in conjunction with Mercer and Hewitt to help pension funds with due diligence.

Inalytics has developed a league table of transition managers in conjunction with Mercer and Hewitt to help pension funds with due diligence.

KOREA/UK - The National Pension Service of Korea (NPS), the fifth largest pension fund in the world, has appointed Rockspring Property Investment Managers to build up a property portfolio.

AUSTRALIA - FTSE Group and the Association of Superannuation Funds of Australia (ASFA) have unveiled a series of indices providing industry standard tax-adjusted benchmarks for superannuation funds.

IRELAND - The Irish taxation commission has proposed tax relief changes on pension payments in a bid to make the tax treatment of retirement savings fairer.

AUSTRALIA - Aviva Australia has launched an integrated separately managed account for superannuation investors in a bid to take advantage of increasing interest in self-managed accounts.

CANADA/UK - The private equity arm of the Ontario Municipal Employees Retirement System (OMERS) has appointed Mark Redman as senior managing director for Europe.