M&G INVESTMENTS scooped the top prize at AIG Life's annual fund manager awards.

A LEGAL challenge to mandatory retirement ages has been referred to the European Court of Justice.

Caffè Nero opposition

US - The US$156bn California State Teachers' Retirement System (CalSTRS) has become the first major US public fund to join the Enhanced Analytics Initiative, after announcing it had become an associate member.

CANADA - Pension regulation in Canada does not provide appropriate incentives for employers to maintain their defined benefit pension schemes and leads to increased deficits, said David Dodge, governor of the Bank of Canada.

GLOBAL - A significant 72% of companies believe their pension plans posed some level of financial risk to their organisations, a Mercer Human Resource Consulting survey has revealed.

WORKERS who have signed up to a BUPA healthcare programme can now access statistics about hospitals online.

THE treasury has "taken a wrecking ball" to alternatively secured pensions in a bid to clamp down on abuse of the rules.

A new firm aims to address growing concern over scheme governance, management and benefits administration.

SCHRODERS' pooled funds have posted poor results just weeks after it revealed institutional investors withdrew almost £2bn during the third quarter.