US - State Street Corporation's record US$2.6bn revenue in 2007 was boosted by custody and investment mandate wins but hampered by increased expenses.

TRUSTEES of the UK Paper Employee Benefit Scheme and M-real Corporation have chosen Legal & General to buyout the £180m fund.

UKRAINE - Citi has announced it is providing direct custody and clearing services (DCC) to clients in the Ukraine.

INDEPENDENT organisation the Life Trust Foundation has been launched to "diffuse the ticking time bomb" of longevity.

UK - Buyout providers Legal & General and Paternoster reported strong growth during Q1, according to trading results released today.

US - The average funding ratio for S&P 500 company pension plans improved by 6% over 2007, resulting in a combined US$102.7bn surplus.

US - Northern Trust has released Q1 trading results which show the firm has doubled returns over last year.

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PENSION Corporation has met with pensions minister Mike O'Brien to discuss the extension of The Pensions Regulator's powers.

FRANCE - The French Pension Reserve Fund has announced it is to review all of its investment activities to take into account social and ethical considerations.