US - The California State Teachers' Retirement System posted returns of 12.3% for the year ended June 30 but said losses from the financial crisis remain on the books.
Hewitt Associates will acquire US consulting firm EnnisKnupp, a move Hewitt said sweetened its merger deal with Aon Consulting announced less than two weeks ago.
US - Hewitt Associates will acquire US consulting firm EnnisKnupp, a move Hewitt said sweetened its merger deal with Aon Consulting announced less than two weeks ago.
The government must amend existing pension legislation to ensure the majority of schemes are able to legally shift indexation from RPI to CPI, Aon says.
US - CalPERS has been sued by a nonprofit charity over the release of records concerning its US$100m investment in a controversial residential property firm.
Sacker & Partners has expanded its team of solicitors with the appointment of Claire van Rees from Hogan Lovells.
Sesame Bankhall will launch a restricted advice service for at-retirement customers with small pension pots.
Unions have given the BBC until tomorrow to abandon its "pensions robbery" or else face a ballot on strike action.
UK - Unions have given the BBC until tomorrow to abandon its "pensions robbery" or else face a ballot on strike action.