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Retirement solutions should have the flexibility to provide decent pensions and meet long-term care costs if necessary, the Association of Consulting Actuaries says

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.

UK - The increasing complexity of investment portfolio has made it necessary for transition managers to get involved in manager changes earlier in the process, delegates at the Global Pensions Transition Management Forum heard.

UK - Russell Investments has hired Tim Wilkinson, former managing director for EMEA at Mellon Transition Management (MTM), Global Pensions has learned.

UK - There is little transparency around the value algorithms add to transitions and how they are incorporated into the cost, Peter Halligan, an associate in the global investment practice at Hewitt Associates told delegates at the GP Transition Management...

GLOBAL - GIPS standards for transition managers may include aspects of the existing T-Charter, delegates at the Global Pensions Transition Management Forum heard yesterday.

EUROPE - EU proposals to regulate Europe's hedge fund industry are already transforming it, before the plans have even been ratified, officials at Martin Currie said.

The London Borough of Wandsworth pension scheme has appointed Northern Trust to provide global custody and investment accounting services to £750m ($1.2bn) of assets.

Boss's pension angers strikers; Boardrooms under fire on gold-plated pensions; Secret world of directors' fat cat pensions

Schroders has appointed Chris McGolpin as head of client service and business management in its institutional business.