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.
BT Pension Scheme; Robeco; INTECH Investment Management; PwC; Mercer; Aon Hewitt; Neuberger Berman Group; Standard Life Investments; State Street Global Services
GLOBAL - The world's leading sovereign wealth funds have been forced to reassess their investment strategies and risk management in the wake of turbulent financial markets, research by State Street Global Advisors (SSgA) shows.
US - The State of Michigan has taken legal action against Countrywide Financial Corporation in a bid to recover $65m for its public pension funds.
EUROPE/US - Pension funds and other institutional investors are shifting away from traditional equity and bond allocations in favour of alternative asset classes, research from bfinance shows.
EUROPE - Plans by the European Union to introduce Solvency II- type regulations to the pensions industry could hinder investments in real estate, delegates at the European Association for Investors in Non-listed Real Estate Vehicles (INREV) seminar heard.
EUROPE - An EU ruling to equalise annuity rates for men and women could be finalised as soon as 1 March.
UK - The trustees of the Pall (UK) Pension Fund have completed a longevity hedge for non-retired members with J.P. Morgan.
US - PIMCO's co-CIO Bill Gross has hit out at US policymakers for introducing "devilish policy tools" to rebalance US debt, effectively "robbing savers".
DENMARK - The Danish government has proposed to phase out the nation's early retirement scheme to save DKK18bn ($3.3bn) by 2020.
UK/DENMARK - Former Conservative pensions spokesman Nigel Waterson has joined Danish pension fund ATP to help it launch an alternative to the National Employment Savings Trust.
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.