US - The $36.5bn Illinois Teachers' Retirement System (TRS) has criticised the state government for "short-changing" the fund and called on it to make public pension systems a "funding priority."

EUROPE - Dutch industry-wide pension fund giant, asset manager and consultancy, Cordares, is targeting the rapidly developing Italian pensions market as part of its expansion plans, Global Pensions can exclusively reveal.

ONE in six Welsh workers would be deprived of the chance to build up their pension pot if employers wait a year to pay into personal accounts, Wales TUC claims.

MPC Investors has appointed Dan Mannix as head of sales in a newly created role, where he will be responsible for leading MPC's sales efforts globally.

EUROPE - Dutch industry-wide pension fund giant, asset manager and consultancy, Cordares, is targeting the rapidly developing Italian pensions market as part of its expansion plans, Global Pensions can exclusively reveal.

CANADA - Justice John Ground has ruled some of union CUPE's complaints against the Ontario Municipal Employees Retirement System (OMERS) will go to trial.

UK - Wellington Management International has lost a £160m equity mandate with the £3.6bn Merseyside Pension Fund due to performance-related issues.

Merrill Lynch Investment Managers (MLIM) has recruited Tomas Bristedt to its retail wholesale Nordic team, with responsibility for the Nordic region.

EUROPE - Merrill Lynch Investment Managers (MLIM) has recruited Tomas Bristedt to its retail wholesale Nordic team, with responsibility for the Nordic region.

AN ONLINE survey on women and their pensions is being run by Age Concern to inform the debate on the government's White Paper proposals.