GLOBAL - Superannuation and pension funds in Australia are being encouraged to adopt best practice in managing the risks and opportunities of climate change, through an initiative launched by minister for superannuation and corporate law Senator Nick...

UK - John Menzies has appointed Hymans Robertson to advise its pension scheme trustees on both actuarial and investment decisions.

UK - The Pension Protection Fund (PPF) has confirmed it will set a levy estimate of £700m ($1.3bn) for 2009/10.

Trustees of the £1.3bn Thales UK Pension Scheme has appointed Cardano to act as investment adviser.

Small businesses with no staff pension should be offered a default arrangement ahead of 2012 to ensure compliance with personal accounts, Xafinity Paymaster says.

THE number of private sector employees in defined benefit schemes with a retirement age of 60 has fallen by more than 40pc over the past three years, Watson Wyatt says.

CHANGING life expectancy assumptions have added £40bn to scheme liabilities, analysis by Hewitt Associates reveals.

GLOBAL - Best corporate principles should be adopted by private equity houses and hedge funds, Rudolf Hagendijk, CEO of Dutch pension service provider Mn Services has told the AsianInvestor conference in Beijing.

UK - The trustees of the £1.3bn (US$) Thales pension scheme, have appointed Cardano as investment adviser.

INCLUDING: UK - Cardano wins Thales UK Pension Scheme mandate; GLOBAL - Global investor confidence falls; UK - Govt urged to provide PA default option; UK - LPFA tenders for actuary