US - State comptroller Thomas Di Napoli has announced the creation of a specialist Retirement Compliance Unit to review and enforce eligibility requirements of the New York State and Local Retirement System.

UK - The £577m (US$1bn) London Borough of Haringey pension fund has decided against hiring an external organisation to advise on its newly adopted responsible investment strategy until the market is further developed, MandateWire reports.

US - The development of a Pension Benefit Guaranty Corporation (PBGC) standard for transition management has been hailed as a positive step for the industry, demonstrating a growing maturity in the sector.

US - A research project to improve understanding of investors' use of Individual Retirement Accounts (IRA) has been launched by the Investment Company Institute (ICI) and the Securities Industry and Financial Markets Association (SIFMA).

THE Pension Protection Fund has proposed a levy estimate of £700m for 2009/10.

Rpmi managing director Michael Goy has resigned with immediate effect.

AEGON UK has combined its individual and corporate life and pensions business in a bid to improve customer service and product development.

Trustees of Schroders UK pension schemes have appointed Aon Consulting to administer the funds.

iShares has launched a campaign to clarify market confusion over exchange traded funds.

Northamptonshire County Council has reappointed Mercer as investment consultant to its £716m pension fund.