Week on the Web 5 Nov - 11 Nov 2010: What stories have you missed out on this week?
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
Mercer appoints Kirton to new global CIO slot
GLOBAL - Mercer has reshuffled its top ranks and moved Andrew Kirton to the new role of global chief investment officer.
Monday Movers
GLOBAL - Fidelity snags Gartmore CIO; Hermes; UBS; T. Rowe Price
CalPERS concludes alternative asset classification research
US - The California Public Employees' Retirement System (CalPERS) is to conclude its research into a new asset allocation method based on risk exposure.
Alcatel-Lucent deficit drops by 22%
FRANCE - Alcatel-Lucent's deficit for its pension and other post employment benefits (OPEB) dropped by nearly 22% to €1.41bn ($1.92bn) over the third quarter.
Real estate funding gap offers opportunities - Mercer
EUROPE - The global real estate crisis has created investment opportunities for pension funds and other institutional investors, Mercer believes.
Seven LGPS funds team up to share services under framework contract
UK - Seven Local Government Pension Scheme funds with £9.9bn ($16bn) under management want to establish a framework contract to share actuarial, benefit and investment services to cut costs.
Rossi and Guy to leave Gartmore - UPDATED
UK - Goldman Sachs has been appointed to carry out a strategic review of beleaguered fund group Gartmore.
Forsta AP-fonden sues BNY Mellon over losses
SWEDEN/UK - Swedish pension fund Forsta AP-fonden (AP1) filed a lawsuit yesterday against BNY Mellon with the Commercial Court in London over $35.5m of losses.
UPS issues $1.5bn debt to fund pension scheme
US - United Parcel Service has issued $1.5bn in bonds to help fund contributions to its pension plan.
Government denies plans to shelve proposed pension cuts
IRELAND - The ministry of finance has denied media reports that a proposed cut in the state pension is off the table.
Latest stories
Latest issue - 21 February 2019
This week's edition of Professional Pensions is out now.
Fiduciary Management Trends in 2019 - Q&A with Ben Gunnee
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Government will not 'force pace of change' in AE
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
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