SCOTTISH WIDOWS INVESTMENT PARTNERSHIP has reported "significant growth" in its UK institutional business - announcing gross new business of £1.3bn in 2006.

UK - State Street Global Advisors (SSgA) lost a £27.5m (US$55.4m) equity mandate in the shake up that saw Barings scoop £23m from United Norwest Co-operatives Employees' Pension Fund.

LINCOLN FINANCIAL GROUP has launched a retirement planning product range in a bid to build a strong UK presence.

AUSTRALIA - Superannuation investments worth AUS$1trn which have traditionally been held by people in work, will shift dramatically over the next 30 years to those in retirement, according to new research by Russell Investment Group.

THE £28BN Universities Superannuation Scheme is set to double its £50m property mandate with Fpop.

US - The California State Teachers' Retirement System (CalSTRS) is reportedly set to fall US$19.6bn short of its funding liabilities over the next 30 years, despite three good annual returns.

Standard Life faces ‘fat cat' protest; RBS investors braced for ABN offer; China ‘health warnings'

INDIA - A total of seven state bodies have made preliminary bids to manage part of India's R17bn (US$400m) government pension fund.

UK - Paul Maloney, national officer of the GMB union, has blasted merger and acquisition activity for damaging pension funds and cited the Pension Protection Fund (PPF), as being part of the problem.

TRUSTEES of the Boots pension scheme have been warned to secure a huge cash commitment from Kohlberg Kravis Roberts before its takeover bid is approved.