US - The selection of emerging manager fund of funds managers and a corporate governance update are just some of the issues due to be discussed by the investment committee of the California Public Employees' Retirement System (CalPERS).

US - The funded status of US pension plans has plummeted due to current market conditions, according to BNY Mellon Asset Management.

LV= is increasing the size of its national account management team in a bid to expand its presence in the intermediary market.

FOR every £1 a private sector worker contributes to their pension they pay 91p in tax towards a public sector employee's pension, research from the Liberal Democrats reveals.

ECB forced to inject cash into banking system as US mortgage malaise spreads; Schroders profits leap 40pc at half time; Postal action suspended; BVCA chief moves on

US - Plan administrators who fail to give employees notice of the right to sell company stock in their pension plan accounts could now be punished after the US department of labor finalised regulations.

CANADA - Bob Hanna has been appointed as assistant superintendent for the regulation sector at the Office of the Superintendent of Financial Institutions (OSFI).

UK - Aon Consulting has flagged up issues of concern in relation to proposals from the Pension Protection Fund (PPF) regarding the calculation of the PPF levy for 2008-09.

Scheme liability valuations can vary by up to 10pc because outdated discount rating methods are being used, PricewaterhouseCoopers claims.

THE London Borough of Waltham Forest Pension Fund is coming to the end of a complete restructure.