Regions

Including: UK - Pension funds need education; US - California funds divest from Iran

EUROPE - A judgement from the European Court of Justice (ECJ) has been hailed a victory for employers providing pension benefits - but a defeat for workers over retirement age.

INCLUDING: AUSTRALIA - Russell Investment new appointments; UK - Watson Wyatt wins Emirates custody; UK - Hewitt welcomes new appointment; LUXEMBOURG - Citi to service new Luxembourg State Pension Fund

GLOBAL - People and process are without doubt more important to pension funds than past performance, confirmed the results of October's Global Pensions 100 Panel.

GLOBAL - The majority of pension funds remain confident on quantitative (quant) management, despite the losses suffered by quant strategies in the wake of August's market turbulence, show the results of the latest Global Pensions 100 Panel.

EUROPE - AEGON Pension Network has confirmed that a tax-transparent pooling vehicle it is currently developing should be launched in 2008.

GLOBAL - Pension funds have been warned that hesitating over alternatives could see them miss out on potential high returns.

GLOBAL - Multi-managers have admitted returns could dip because underlying managers had struggled to perform in the recent market conditions.

GLOBAL - Credit rating agencies have sought to defend their reputations following the losses created by the sub-prime mortgage crisis.

INCLUDING: ASIA-PACIFIC - Watson Wyatt appoints new regional MD; AUSTRALIA - ING's new deputy CEO; GERMANY - New trustee business; US - Online calculator launched;