US - The development of a "terror-free" index will allow pension funds to measure the financial impacts of state legislation limiting investments in companies linked to countries such as Sudan.
FTSE Group, which developed the series with Conflict Securities Advisory Group, has excluded 239 international companies deemed to have active business ties to "terror-sponsoring" countries including Sudan, Iran, Syria and North Korea.
It is in response to exclusion requirements being adopted or proposed by US state governments including New York, California and Pennsylvania.
Andrew Buckley, executive director at FTSE Group, said there was likely to be demand from pension funds in any of the 19 US states that had divestment policies.
He said: "Once that legislation is enacted there is immediately demand for an appropriate benchmark that reflects the divestment requirements that have been placed upon them."
Craig Metrick, US head of Mercer's responsible investing unit, said: "Another possible use is to track these indexes and compare them to the unrestricted indexes to see what the impact is of screening these companies out over the short term and the longer term.
"There are quite large companies that have operations in some of these companies so divestment could be costly operationally."
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.