UK - Trade union GMB has called on the government to instruct energy regulator Ofgem to drop proposals to cut workers pensions.

ASIA - The assets of Asia Pacific sovereign pension funds swelled by 20% last year to US$1.8trn, according to Watson Wyatt.

US - Women face greater financial risks during retirement and must adapt their savings plans to accommodate their unique situation, according to a study released by Wharton Financial Institutions Centre.

UK - Thousands more people are now receiving compensation from the Pension Protection Fund (PPF), latest figures reveal.

The London Borough of Redbridge is considering allocating some of its pension fund assets into alternatives, including hedge funds.

US - The California Public Employees' Retirement System (CalPERS) has moved to have its views heard in a lawsuit over pension benefits.

US - J.P. Morgan Investor Services has announced risk analytics firm Measurisk has become part of its alternative investment services.

UK - Cable & Wireless (C&W) and Prudential have signed the first £1bn (US$1.8bn) bulk annuities pension deal.

Publisher St Ives has closed its defined benefit pension scheme to future accrual.

Pension Insurance Corporation has completed a £42m buyout of the UK Can Pension and Assurance Plan - lifting the scheme out of the Pension Protection Fund.