INVESTORS have too much "blind faith" in the hope 2007 is going to be another bullish year, Seven Investment Management believes.

INEFFICIENCIES in laws governing investment funds are reducing retirement incomes, Fidelity International says.

Members face a "regulatory blackhole" if they accept incentives to leave a final salary scheme and move into a defined contribution plan, experts warn.

PERSONAL accounts could do "lethal damage" to the rest of the pensions system, Simplification report author Alan Pickering warns.

SCOTTISH Life has launched a new range of services designed to help improve efficiency within defined benefit schemes.

CANADA - Teacher's Private Capital, the private investment arm of the C$96bn Ontario Teachers' Pension Plan (OTPP), is to buy Dynea North America from Finnish company Dynea Chemicals Oy.

THE NEW Pensions Bill will add yet more complexity to the industry, experts claim.

Schemes cut their exposure to equities despite buoyant stock market performance last year, a new study shows.

USA - The US$153.2bn California Teachers' Retirement System (CalSTRS) has awarded new fixed-income mandates to seven managers and appointed a further 12 to a "pre-approved list" of backup managers, Global Pensions can exclusively reveal.

ITALY - Lower house speaker and former head of the Partito della Rifondazione Comunista (Communist Refoundation Party), Fausto Bertinotti, said yesterday the discussion on pensions "could be the occasion for... an important political debate".