UK - The National Association of Pension Funds (NAPF) has appointed members to its benefits and investment councils.

THE National Association of Pension Funds has announced the results of elections to its benefits and investment councils.

DENMARK - Industriens Pension produced a 0.6% return over 2007, but lowered its member costs by 10%.

BNY Mellon Asset Management has launched its first global 130/30 strategy.

GOODMAN Property Investors has launched an Asia Pacific fund of funds in a bid to target pension scheme demand.

UK - The Nottinghamshire County Council (CC) pension fund has announced it is looking for a new actuary.

US - CalPERS may be forced to open its doors to individual retirement accounts or individual retirement annuities (IRAs) for low earners if a bill going through the California legislature is passed.

Shift out of shares finishes as credit dries up; Business attacks Merkel pension plan; Morgan Stanley's John Mack wins re-election; IMF puts cost of credit crisis at $945bn.

CAIRN Financial Products has launched a structured credit hedge fund targeted at pension scheme and other institutional investors.

LOCAL housing trust Southway has appointed Gissings Consultancy Services as pensions advisor.