US -The California Public Employees' Retirement System (CalPERS) has begun its search for a senior portfolio manager to lead the fund's corporate governance efforts.
The manager would also be responsible for the process of identifying and recommending companies for the system's annual Focus List program and monitoring performance.
CalPERS has also announced the appointment of Donna Lum as assistant executive officer of the pension fund's member and benefit services branch.
Lum will be the senior executive overseeing the administration of retirement benefits and services to 1.6 million active and retired California state, public school, and local government employees.
Prior to her appointment as chief of the CalPERS benefits services division in December 2004, Lum was chief of the CalPERS data centre.
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) has ended its first full-year with a £9m actuarial surplus, the company says.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.
A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.