GLOBAL - Demands for disclosure from sovereign wealth funds (SWFs) will fail as long as other players in the market reject calls for transparency, according to State Street Global Advisers (SSGA).
US - San Diego mayor Jerry Sanders has announced agreement has been reached with unions on pension reform.
REDINGTON Partners has appointed Ian Maybury as senior actuary in its insurance and pensions team.
GLOBAL - Watson Wyatt has unveiled its vision for the future of the institutional investment industry, highlighting the key changes which it claims will shape the investor landscape.
US - 401(k) charges will become clearer as the result of a proposed rule aimed at making it easier for plan participants to make informed retirement savings decisions.
EUROPE - AEGON has completed a securitisation deal to improve its capital efficiency, adding more than €315m (US$496m) to the group.
US - The Teacher Retirement System of Texas (TRS) has appointed Cooley Godward Kronish partner Roel Campos as fiduciary counsel to the nearly US$108bn Texas trust fund.
GERMANY - The Royal Bank of Scotland and German insurer Ergo have launched a pension liability service for corporates, ahead of the introduction of new accounting rules next year.
GLOBAL - Pension fund accounting standards may be obsolete for prospective investors, according to some industry figures.
US - The decision by the US$248bn California Public Employees' Retirement System (CalPERS) to invest in pubic private partnership (PPP) infrastructure projects has met with strong criticism from Professional Engineers in California Government (PECG)....