Chairman Peter Sparshott Director PricewaterhouseCoopers Sparshott has worked for Pricewaterh...

UK - The National Association of Pension Funds (NAPF) and Trust Associates have joined forces in an effort to help pension fund trustees locate quality investment expertise.

CANADA - The Ontario government has set up a commission to examine legislation for the funding of defined benefits schemes and conduct the first review of the Pension Benefits Act (PBA) since 1986.

PRIVATE equity group 3i has announced plans to list a new infrastructure investment company on the London Stock Exchange.

US - The $39bn Illinois Teachers' Retirement System has distanced itself from infrastructure investments, claiming it had "more confidence" in other asset classes.

THE FINANCIAL Services Compensation Scheme ex-pects to receive around 39,000 new claims in 2007-08.

Property is no substitute for a pension and should only be expected to deliver a "marginal supplement" to retirement income, a leading adviser warns.

THE NORTH Yorkshire Pension Fund has appointed UBS Global Asset Management to run a £49m global tactical asset allocation mandate.

INDIAN conglomerate Tata Group will inject £126m into the Corus pension scheme after winning a takeover battle for the Anglo-Dutch steel company.

Former Labour prime minister Harold Wilson once wryly observed that one man's wage rise is another man's price rise.