US - Research-based consulting firm Greenwich Associates has appointed Mayree Clark and Joel Podolny to its board of advisors.

CHINA - The general manager of Huaan Fund Management, Han Fanghe, has become the latest high profile figure to be detained as the investigation into the alleged embezzlement of pension fund assets rolls on.

THE LLOYD'S Register Pension Fund has appointed Claybrook to provide pensions administration and software services.

NEW LIFE AND PENSIONS business is being massively overstated as insurers fail to account for people switching between providers, Higham Dunnett Shaw says.

NETHERLANDS - Goldman Sachs' Catherine Claydon will reportedly join rivals Lehman Brothers in January to head up its pension advisory business in the Netherlands.

NETHERLANDS - The €201bn ABP has promoted Erik Rubingh to the role of global quantitative equity strategies manager.

State Street Corporation has announced an 11pc increase in third-quarter earnings per share from $0.75 (£0.40) to $0.83 (£0.45).

CANADA - Standard Life Investments has taken over management of the C$275m Standard Life Canadian Pooled Real Estate Fund (PREF) from Standard Life Canada, in a bid to better target the lucrative Canadian pension market.

US - Officials of the bankrupt Agway are being sued for investing US$50m of its 401(k) plan in the company's own securities.

ITALY - Trade unionist Raffaele Bonanni has called on prime minister Romano Prodi to "stop mincing his words" and draw up an organic project to stimulate the complementary pension system.