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.
Baring Asset Management appoints COO, Oregon State Treasury, ING Investment Management, State Street, Wurts & Associates, Alaska Permanent Fund Corp., Pramerica, PIMCO, Pioneer Investments, Aegon
US - The board of the California Public Employees' Retirement System renewed the contracts of the 16 external managers responsible for its $123.3bn global equity portfolio.
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.
UK - Lord Hutton admitted the Labour administration's pension reform package did not go far enough and may have "made matters worse".
UK - UK pension funds are showing early signs of re-risking, according to panel members at a JP Morgan Transition Management (TM) press briefing in London yesterday.
US - The asset management fees brought in by State Street Global Advisors (SSgA) were up 17% in the year ended 30 September, despite overall assets under management dropping by 4% in the same period, parent company State Street Corp. said today.
UK - Overestimated inflation projections could be costing UK defined benefit scheme sponsors over £50bn ($79bn)in unnecessary funding commitments, a corporate adviser warns.
UK - The Court of Appeal has ruled in favour of The Pensions Regulator in the Nortel/Lehman Brothers legal challenge.
UK - Narrowing Consumer Prices Index and Retail Prices Index inflation will save schemes switching to CPI just 60p (94c) a week for each scheme member, according to figures.
EUROPE - Large European investors have redefined passive investing and moved away from the idea of indices representing a buy-and-hold strategy a new survey shows.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.