Investment

CHILE - Chilean pension funds reached $153bn in assets in June, up 11% from the previous year, according to data released by the pension regulator.

JAPAN - Chuo Mitsui Asset Trust and Banking has emerged as the Government Pension Investment Fund's (GPIF) largest external manager over the past year, while AXA Rosenberg has disappeared from the list.

The £4.1bn London Pensions Fund Authority has boosted its shareholder voting and engagement by handing £1bn in global equities to Dutch fund manager Robeco.

The Office for Tax Simplification is to review pensioner taxation and employee share schemes in two projects.

The use of alternative assets by pension funds grew by 16% in 2010 to $952bn (£596bn), according to research by Towers Watson.

The Work and Pensions Committee has launched an inquiry into auto-enrolment and the National Employment Savings Trust.

Threadneedle is preparing to take on the management of LV='s retail and institutional fund range.

Lothian Pension Fund has gone out to tender for two investment advisers to sit on its Investment Strategy Panel following the expiration of the current adviser contracts.

More than three quarters of finance directors are in the dark about fines which could be levied on businesses for failure to comply with auto-enrolment regulations.

UK - There is an "overwhelming consensus" among the industry that costs in defined contribution schemes should be clear, simple and comparable, the UK Pensions Regulator says.