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 creates Asia-Pac CEO role, Standard Life, Barnett Waddingham, BlackRock, SSgA, Permal
Climate change increasingly on investor radar
GLOBAL - Pension funds and other asset owners are increasingly looking for asset managers to incorporate climate change policies into their investment practices, a new survey of investors with some $12trn in assets shows.
Threadneedle to withdraw from bundled DC business
UK - Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.
Ohio pension funds call for forex investigation
US - The State Treasurer of Ohio has called on the attorney general to launch an investigation into whether members of the state's pension funds have been exploited by custodial banks conducting foreign currency exchanges.
Locked-in hedge investors face four-year wait, says Tullett Prebon
GLOBAL - Some investors locked into hedge funds in the financial crisis may not have redemptions satisfied fully until 2015, according to officials at market intermediary Tullett Prebon.
Aberdeen appoints Varandas to lead global property business
GLOBAL - Aberdeen Asset Management has appointed Roberto Varandas to head up its global property development business.
Regulation could see schemes withdraw from sec lending market
EUROPE - Pension funds could once again retract from securities lending if they are included in European proposals which would tag lenders as ‘short sellers', according to the trade body for securities lenders.
Wurts snags Alaska Permanent Fund CIO Jeffrey Scott
US - Consultant Wurts & Associates has hired Jeffrey Scott, the investment chief of the Alaska Permanent Fund Corporation known for spearheading a risk-based asset allocation, to serve as CIO of its outsourcing business.
Netherlands push through sweeping pension reforms
NETHERLANDS - The Dutch government will increase the retirement age, provide more flexibility around retirement and suspend contribution holidays in a new deal with employer and employee unions.
State Street strengthens Italian presence following successful acquisition
ITALY - State Street has strengthened its European presence with the opening of two new offices in Milan and Turin, Italy. The move is part of the company's successful integration efforts with Intesa Sanpaolo (ISP) which has a presence in both Italy and Luxembourg.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.