US- Duff Capital Advisors (DCA) has entered the US pension fund buyout market, targeting underfunded small to mid-sized pension plans without adequate in-house management expertise.

NORWAY - Norway's Government Pension Fund - Global has restructured its equity and fixed income units, following poor performance in 2007.

AUSTRALASIA - Russell Investment Group's merger of its institutional and retail advisory units in Australia and New Zealand is motivated by a convergence in both spheres and signals a more "holistic" approach to servicing clients, according to Chris Corneil,...

Should the Pension Protection Fund take investment strategies into account when calculating risk-based levies?

INCLUDING: GLOBAL - Investor confidence rises; UK - Northern Trust hire; GLOBAL - Freshfields adds to team; AUSTRALIA - SSgA boosts product engineering

ROYAL MAIL managers have voted to reject the company's proposed pension changes in a ballot on the issue.

AUSTRALIA - The government will continue to allow superannuation as part of a worker's award conditions, overturning a previous decision to phase them out in June 2008.

350,000 may have to delay retirement; Top Northern Rock regulator to leave FSA; Fed cut gives UK shares a lift

UK - Lothian Pension Fund has reappointed Standard Life Investments to manage a segregated property portfolio valued at £350m (US$699m).

GLOBAL - Northern Trust has enhanced its investment compliance monitoring capabilities for institutional asset servicing and wealth management clients globally.