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.
BNY Mellon, BA, Russell Investments, HamishWilson, Pictet, BlackRock, Towers Watson
CalPERS sets out priorities to preserve DB provision
US - The California Public Employees' Retirement System (CalPERS) Board of Administration has adopted a 12-point set of federal legislative policy priorities to help underscore its commitment to preserving defined benefit plans.
ESG 'too important to be ignored' - report
GLOBAL - Sustainability criteria such as ESG criteria are too important to be ignored in investment decision making, research by Allianz Global Investors suggests.
Multinationals eye buy-ins, buyouts
GLOBAL - Multinational companies are starting to use buy-ins and buyouts for their smaller pension funds dotted around the globe, Yvan Legris, UK and EMEA chief executive at Aon Hewitt said.
Goldman 'misled' clients over investments - report
US - Goldman Sachs misled clients and Congress about the firm's investments in securities tied to mortgages, a report by the US Senate has found.
Mannion: GSK buy-in deal impossible without transition managers
UK - GlaxoSmithKline's £900m ($1.5bn) buy-in deal last year would not have been possible without transition managers, said Martin Mannion, director of pensions finance, investments and risk.
Cautious investors cut FoHFs down to size
GLOBAL - Increasingly cautious institutional investors have caused a significant decline in the number of hedge fund of funds with assets of between $2bn and $5bn, research suggests.
Principal takes majority stake in Finisterre Capital
UK/US - Principal Global Investors has acquired a majority stake in London-based emerging markets specialist Finisterre Capital.
BlackRock appoints Kempler to lead Investment Institute
US - BlackRock has appointed Lee Kempler to head its new Investment Institute.
LJ Group and Deloitte IPC complete MBO
US - LJ Group and the senior management team of Deloitte Investment and Pension Consulting (IPC) have completed the management buyout of the business from Deloitte Private Client Services.
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).