US - The US$177bn California Public Employees' Retirement System (CalPERS) has appointed Patricia Clarey to its board of administration as the designated representative of the California State Personnel Board (SPB).

GLOBAL - Janus Capital International has launched the European research Strategy, a European equity growth fund.

TWO fifths of the population will run out of retirement income by the time they reach the age of 85, with two-thirds expecting to live to age 85, research by Lincoln Financial Group reveals.

Trustees who overlook data cleansing and audits are taking a "short-sighted" position, a lawyers says.

Many women remain in the dark about forthcoming changes to their state pension, The Pensions Advisory Service warns.

THE Pension Regulator has been asked to provide official guidance on the issue of "handcuffing" schemes with governance software.

New Star manager in dismissal claim; Cerberus to cut staff

MEXICO - Mexican pension funds posted average net results of 4.47% for the last three years despite heavy losses in worldwide stock markets during the last year, statistics by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR) have revealed....

UK - Rapidly falling inflation risks tipping over into deflation, which could prove beneficial to the country's pensioners, Punter Southall claims.

LGT Capital Partners has closed its Crown Asia-Pacific Private Equity fund after raising $373m (£267m) in subscriptions.