UK - Mercer Investment Consulting worldwide partner and European director of consulting policy, Andy Green, is quitting Mercer. It is rumored that Green will join Deloitte.

India - Robeco and Canara Bank of India have teamed up to launch an asset management venture in India, called Canara Robeco Asset Management.

SCHRODERS has launched a "third generation" liability-driven investment product that combines liability-matching strategies and high-growth assets.

UK - The Pension Protection Fund (PPF) has appointed five new fund managers and announced its investment returns are "likely" to match its levy income within five years' time.

SOUTH AFRICA - A senior executive of Alexander Forbes, the service provider which recently escaped corruption charges, has been criticised for advice given to two South African municipal pension funds whilst working as an actuary for NBC Employee Benefits....

US - San Diego's retirement board has voted to speed up the payback of the US$1bn pension fund deficit in the San Diego City Employees' Retirement System (SDCERS), by swtiching from a 30-year to a 20-year payback schedule.

PENSION schemes are being "left in the dark" about companies' policies on equal pay a new survey has claimed.

UK - Schroders has launched a third generation liability driven investment (LDI) platform aimed at reducing investment uncertainties by bringing a closer match to assets and liabilities.

THE PENSIONS Action Group is to hold a protest outside Parliament on Wednesday to coincide with Gordon Brown's final budget.

MORLEY Fund Management has launched a UK equity long-short hedge fund in a bid to grow its absolute return offering.