Pension funds in bid to halt ‘proxy access' vote; Pension strategy can cut PPF levy; Private equity chief in warning on code; Pension Corp hits back after official rebuke

Using sex-specific actuarial factors to calculate pensionable service for scheme transfers is discriminatory, the European Court of Justice has ruled.

US -. The South Carolina Retirement System has appointed GAM to manage a US$750m mandate for allocation into GAM's diversity strategy.

Watson Wyatt has launched a defined contribution pension provider research database for Europe.

US - Thirty leading investors, who collectively manage more than US$1.4trn in assets, have sent a letter to Congress regarding the passage of a national energy bill for the expansion of clean energy, reduction of oil dependence and curbing of pollution...

Including: FRANCE - Strikes continue, government urges negotiations; UKRAINE - SEB acquires Factorial Bank; EUROPE - Watson Wyatt unveils DC database; TURKEY - Social security reforms expected

CILP's Telent bid ‘unconditional'; Fresh turmoil on fear of new bank seeking emergency aid; Unions and workers split over more strikes; Barclays allays fears with £1.3bn writedown

US - The California Supreme Court has declined to review a lower court decision awarding California State Teachers' Retirement System's (CalSTRS) US$200m in interest payments on a $500m payment withheld by the state in 2003-2004.

Almost half of trustees believe the shift away from defined benefit schemes is irreversible, a survey shows.

Increasing intervention in how defined contribution schemes are run could scare smaller firms away from pension provision altogether, a consultant warns.