FORMER London Pensions Fund Authority chief executive Peter Scales has joined EPIC Investment Advisors as a member of its investment panel.

GLOBAL - Pension fund demand for hedge fund indices is minimal and the advent of replicator funds could deal a death blow to them, some of the world's largest consultants have claimed.

UK funds shift to European property; Foreign & Colonial buys into yen carry trade; Prudential revamp likely to disappoint shareholders

EUROPE - The debate on the blurring of boundaries between asset managers and consultants over the issue of asset liability modelling (ALM) has intensified, with some consultants openly accussing asset managers of encroaching on their turf.

US - Kentucky governor Ernie Fletcher said he was prepared to call a special session if the two houses in the capitol could not reach an agreement over pension reforms.

Negative news stories about pension systems in California have dented members' belief in secure retirement, with 68% of respondents to a California Teachers Retirement System (CalSTRS) poll declaring they were less confident about the likelihood of secure...

JAMAICA - Jamaica's National Commercial Bank (NCB) said legislative reform in 2004 necessitated the transfer of pension fund assets to NCB Insurance - despite double digit growth over the past four years in its original holders, the $43.5bn WITCO fund....

THE QUEST continues to find this year's Pensions Personality of the Year - and the process has now entered its second phase.

GERMANY - Union members within the German Federation (DGB) protested outside the Bundestag (parliament) today as the lower house passed a law raising the retirement age from 65 to 67 by a vast majority.

HSBC head of group investment business Alain Dromer has left the firm.