MEMBERS of the TUC are set to hold a rally tomorrow to campaign for a better state pension.

COLOMBIA - The technical and organisational challenges of smoothly integrating the pensions and securities supervisory bodies are still significant, according to a World Bank policy research working paper.

NORWAY - The Norwegian Government Pension Fund may consider moving into private equity and real estate following its investment strategy review.

Public sector pension liability rises above £1trn; Government considers independent committee to run NPSS; Marsh & McLennan confirms Putnam sale; Hermes appoints American as CIO to pension scheme

US - The US$10.9bn Public School Teachers' Pension and Retirement Fund of Chicago (CTPF) is considering the option of upping its exposure to international public real estate by five percent.

UK - Hazel Pitchers is to join Merrill Lynch Investment Managers (MLIM) as head of institutional marketing for Europe, Middle East and Africa (EMEA).

US - The US$64bn Ohio Public Employees Retirement System (OPERS) has invested $11m into the Stonehenge Opportunity Fund II and Reservoir Venture Partners II private equity funds.

SWITZERLAND - State pensions will be adjusted as of January 2007 to reflect the country's economic growth - at a cost of CHF1.09bn (e691m) - the Swiss Federal Council announced.

CANADA - The Caisse de dépôt et placement du Québec was part of a consortium that purchased three hotel properties from the Hilton Hotel Corporation for an undisclosed fee.

Watson Wyatt and Professional Pensions are linking up to launch their sixth survey on the costs of running pension schemes.