BELGIUM - The KBC pension fund has adopted a liability driven investment (LDI) solution provided by its parent KBC Asset Management.

US - The New York State Common Retirement Fund increased by US$13.7bn in the last year according to a speech by State Comptroller Thomas DiNapoli.

Pension trust views options as resurgent BT reports; Prudential keeps door open on possible break-up; Birmingham airport targeted; Former Treasury boss warns on ageing population

MORE than 1.5 million pensioners are not claiming the pension credit they are entitled to, the Commons public account committee has announced.

GOVERNMENT proposals on personal accounts represent a full-scale assault on the existing pension system, the Association of British Insurers warns.

Ontario Teachers' Pension Plan (OTPP) and Victorian Funds Management Corp (VFMC) look set to take a 48.25% stake of the UK's fifth largest airport for £420m ($US828m).

STRUGGLING UK schemes are increasingly looking at offering members enhanced transfer incentives but are fearful of being the first to do so, an adviser claims.

EUROPE - Deutsche Bank has announced it planned to launch over 40 new ETFs in the coming months, in the hope of conquering the European ETF market.

AUSTRALIA -Russell Investment Group has expanded its institutional team with the appointment of two senior consultants.

DAWNAY Day Quantum has launched two commodities strategies designed for pension schemes seeking their first exposure to the asset class.