News

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.

US - Public pension plans would have to make their funding status publicly available under proposals introduced by Republicans set to take control of the US House.

US - California State Teachers' Retirement System (CalSTRS) has lowered its long term assumptions on the rate of investment returns from 8% to 7.75% and its inflation assumptions by 0.25%

NETHERLANDS - Assets at Dutch pension fund Stichting Shell Pensioenfonds have reach €17bn according to recently released figures.

US General Motors has made a $4bn cash contribution to its US hourly and salaried pension plans.

UK - There is a "real danger" the auto-enrolment regime could be so broad it becomes an unenforceable law, Alan Pickering warns.

LITHUANIA - Lithuanian Prime Minister Andrius Kubilius said an opposition plan to raise retirement benefits risks undermining the country's currency.

US/GLOBAL - Some 3% of the 1,400 planned job cuts at State Street will come from State Street Global Advisors, GP understands.

Genuine fairness means reform from top to bottom

US - The California Public Employees' Retirement System (CalPERS) has dropped LaSalle Investment Management as manager of a $1.96bn industrial real estate portfolio in favour of GI Partners and RREEF.