THREE transition management firms have slammed the new "T-Charter" code of practice for not going far enough to protect pension schemes properly.

US - Wilshire Associates has appointed Lawrence E Davanzo to the newly created role of president.

THE LOCAL Authority Pension Fund Forum has signed up to the United Nations principles for responsible investment.

UK - A report on the future viability of the Universities Superannuation Scheme (USS) has called for a shake-up in the way the scheme is funded and could result in sweeping changes.

REGULATION of self-invested personal pensions by the Financial Services Authority has boosted the market, advisors believe.

EQUINITI Benefit Solutions has selected Aquila to provide it with administration software.

UK - Schroders has appointed BlackRock's ex-head of UK and European business to lead its entire UK property fund portfolio.

CANADA - The high value of the Canadian dollar has again caused problems for pension funds and other institutional investors, according to a report by RBC Dexia Investment Services (RBC DIS).

FRIENDS PROVIDENT is still "fully committed" to a merger with Resolution and has hit out at criticism of it new business operations and strategies.

AUSTRALIA - The superannuation fund, Sunsuper, has celebrated its twentieth year of operations, by welcoming its millionth member and posting a 35% growth in assets fro the 2006-07 financial year.