NORWAY - Norway needs to extend its pension reform to include public sector pensions if it is to address a financing gap in 2060, the Organisation for Economic Co-operation and Development (OECD) has warned.

THE 2.4bn Cheshire Pension Fund has hired three fund managers to run an active bond mandate worth around £320m.

MOVES to enforce a 50pc member-nominated trustee requirement will push sponsors towards offloading defined benefit pension schemes, employers warn.

COMPANIES face a dramatic increase in workload following the introduction of personal accounts, Origen warns.

Pensions Regulator accused of jail threat; Ministers rule out Pensions Bill changes; 2m pensioners £100 worse off, say Tories

WOOLWORTHS turned down a proposal by Iceland to buy its retail division partly because of scheme issues.

NEW ZEALAND/CANADA - Auckland International Airport and the Canada Pension Plan Investment Board have reached a settlement over the airport's claim for expenses incurred in responding to the pension fund's failed partial takeover bid.

US - Institutional portfolios have experienced the worst rates of return for over five years, according to Wilshire Trust Universe Comparison Service (Wilshire TUCS).

US - The Pension Benefit Guaranty Corporation (PBGC) has defended its new investment policy, after a report from a congressional watchdog warned it had underestimated the risks involved.

US - Private equity group Permira and News Corporation have announced an agreement to take digital pay-TV technology firm into private ownership.