News

Here they are - the full shortlists for this year's Pension Scheme of the Year Awards.

THE BOARD of the Pension Protection Fund has appointed Ann Berresford and Sir Anthony Holland as non-executive members.

UK - David Crum, the chief pensions officer for investments at Strathclyde Pension Fund, has left the organisation to join Hewitt Associates. He will join the investment team at Hewitt on 1 October.

CANADA - Claude Lamoureux will retire as president and CEO of the Ontario Teachers' Pension Plan (OTPP) at the end of the year. He will be replaced by Jim Leech.

EUROPE - Charlie McCreevy, EU commissioner for internal markets and services, has questioned the role played by credit rating agencies during the US sub-prime mortgage crisis.

ABERDEEN Property Investors has launched its second Asian fund of funds in a bid to offer investors real estate exposure to selected funds across the Asia Pacific region.

THREADNEEDLE has changed its corporate identity and introduced a new look as part of a major re-branding project.

LONDON Underground workers suspended industrial action midway through a three day strike after receiving guarantees over pensions.

US - The strength of the New York State Common Retirement Fund (CRF) has enabled the employer contribution rates for the Employees' Retirement System (ERS) and the Police and Fire Retirement System (PFRS) to be lowered.

SWEDEN - AMF Pension produced a 6.6% return in the first six months of 2007, a major improvement on the 0.4% return realised during the same period in 2006.