NETHERLANDS - Dutch pension fund manager APG has updated its corporate governance and voting policy, putting more pressure on companies to take stakeholders' interests and sustainability issues into account.

US - The California Public Employees' Retirement System is seeking annual director elections at Smithfield Foods.

US/NETHERLANDS - Stichting Pensioenfonds ABP is suing Deutsche Bank for allegedly providing misleading statements about residential mortgage backed securities the scheme invested in.

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 - General Motors is looking to completely de-risk its US pension fund which currently touts a $10.8bn deficit, vice chairman Steve Girsky said yesterday.

US - The Securities and Exchange Commission's decision not to challenge a US court's ruling overturning a proxy-access rule has provoked criticism from the Council of Institutional Investors.

US - The growth of the US ETF market is likely to be driven by active ETFs as a number of potential new issuers are seeking to list them, according to the New York Stock Exchange.

HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.

GERMANY/US - German insurer Allianz has announced a restructure of its asset management business that gives subsidiary PIMCO, the world's largest bond manager, more freedom around distribution of its products.

GLOBAL - Figures from State Street reveal investor confidence declined to 89.6 in August, down 12.9 from July after a volatile month led to the most substantial decline since October 2008.