UK - Personal Accounts will lead to a widespread review of pensions and closure of existing schemes in smaller firms, the Association of Consulting Actuaries (ACA) warns.

NETHERLANDS - The €550m (US$795m) Siemens Stichting Pensioenfonds has finished streamlining its asset management system, MandateWire reports.

UK - Estimates of the total size of the bulk annuity buyout market for pension funds may have been overvalued by as much as £7bn (US$12.5bn), actuaries Punter Southall have suggested.

C&W in £1bn pension transfer; Warning on government's occupational scheme; Focus DIY puts private equity in pension spotlight; F&C looks into absolute returns

SPAIN - Spanish pension funds' estimated median returns are positive for the month of August in all the three classes of assets they hold, despite median year to date estimated returns of -3.6%, a survey by Mercer has found.

US - Workers at Boeing have voted overwhelmingly to reject their latest pay and pensions contract offer and take industrial action against the company.

GLOBAL - A majority of employers are not in favour of the changes being proposed by the International Accounting Standards Board (IASB), according to Watson Wyatt.

UK - Local authority pension schemes will miss out on a good governance opportunity if draft proposals from Communities and Local Government (CLG) are introduced, Mercer warns.

INCLUDING: NETHERLANDS - PGGM appointment; UK - Grant Thornton private equity warning; US - CalSTRS seeks consultant; IRELAND - NPRF awards mandate to Principal

GLOBAL - Sustainable Asset Management (SAM) Group, Dow Jones Indexes and Stoxx have released results of the latest review of its sustainability indices.