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.
KPMG snags Mercer partner, Mercer poaches from NEST, BlackRock, BlueBay, ICI, Impax, Man Group, Aviva, Barings
UK - State Street was forced to reimburse a client for a transition management trade after an internal investigation, which led to the dismissal and possible dismissal of senior transition managers Ross Mclellan and Edward Pennings, found the client had been double charged on fees.
GLOBAL - The Netherlands, Australia and Switzerland have the world's best pension systems in terms of adequacy, sustainability and integrity, but all 16 countries surveyed in the 2011 Melbourne Mercer Global Pension Index are under stress from economic and political strains and require "ongoing" reforms to guarantee robust arrangements to support their aging populations.
GLOBAL - Current investment theory and practice runs the risk of failing investors at their time of greatest need, a new group of investment managers warns.
GLOBAL - PIMCO has hired five new investment staffers in London, New York and Singapore to round out its emerging markets equities team, with two joining from Goldman Sachs Asset Management (GSAM).
UK - Members of Lloyds TSB Pension Funds are demanding to know whether the £4bn ($6.25bn) partnership created to plug the schemes' deficits was used to offload "toxic assets".
UK - Alliance Boots is leaving itself open to mis-selling claims from its thousands of pensioners after it offered to change the way their plans are paid, its former finance chief said yesterday.
GLOBAL - The Investment Company Institute (ICI) has launched ICI Global, a London-based trade association focused exclusively on globally active funds - including regulated US and non US funds.
US - Paulson & Co, the giant US hedge fund, has warned in a "worst case" scenario it could suffer redemptions equivalent to between a fifth and a quarter of its assets by the end of the year.
ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey finds
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers