US- James (Jim) Lee, chairman of the board of the US$80bn Texas Teachers' Retirement System (TRS) resigned last week in order to launch a new business venture.

GLOBAL - Pension funds believe investment management fees are too high and need to come down, a study by bfinance has found.

THE Professional Oversight Board is set to consult on additional quality assurance requirements for actuaries.

GLOBAL- FTSE has launched a dozen indices providing exposure to emerging markets real estate securities.

UK - Broadcaster ITV is looking at a range of options to reform its pension scheme, Global Pensions has confirmed.

US- Michael Peskin, head of the pensions asset liability solutions group at Morgan Stanley, has resigned after over a decade at the firm.

Pension funds believe investment management fees are too high and need to come down, a study by bfinance finds.

Businesses suffering from the economic downturn should look at utilising pensions to protect their assets, Taylor Patterson says.

The Liberal Democrats have named Steve Webb as their latest work and pension spokesman after Nick Clegg reshuffled his frontbench team.

A department for work and pensions consultation into pension regulations aims to "tidy up" existing regulations where practitioners currently find problems, a lawyer says.