GLOBAL - The transition management industry has refused to be drawn into a debate about the adequacy of its services after a senior member claimed half of all global transition management businesses existed only out of pressure to maintain an industry...

UK - The release of the UK Pensions Regulator's revised clearance guidance has caused concern already overburdened trustees could face further increases to their workload.

Third round voting for the Pensions Personality of the Year is now under way and will continue until midday on Friday, March 28.

AUSTRALIA - Reforms to the superannuation accounts of low-earners should be a priority in May's Federal Budget, the Australian Industry Group (Ai Group) has said.

US - Five companies have agreed to review product safety practices following pressure from the New York City pension funds.

INCLUDING: AUSTRALIA - Future Fund appointments; UK - PIMCO expands LDI business; UK - Watson Wyatt appoints new head of corporate consulting; UK - Payment breaks risk future stability

US - A proposal by the Securities and Exchange Commission (SEC) to defer the application of financial reporting rules for companies with less than US$75m in public float has met strong opposition from institutional investors.

Pension fund trustees 'could sink Royal Mail'; EPP administration burdens; Union anger over WH Smith bonus; Market falls add £40bn to pensions deficit in UK

Watson Wyatt has appointed Rashpal Bhabra as head of corporate consulting in the UK.

GLOBAL - Global Pensions has been shortlisted in the highly coveted PPA's Magazines 2008 awards for editorial and publishing excellence.