Pension funds are looking for more control over how their fixed income benchmarks are constructed, as Raquel Pichardo-Allison reports
JAPAN - Japanese pension funds are starting to invest in toll roads, ports and pipelines for the first time, seeking higher returns to meet the retirement needs of the world's fastest-aging population.
US - California lawmakers approved two bills to prevent government employees from increasing the amount of their pensions by padding their pay before retirement.
US - CalSTRS and CalPERS have jointly filed a law suit claiming the California governor violated the state constitution when he put in place a three day per month furlough and wage cuts.
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 (13 August - 20 August).
GLOBAL - Research house Lipper is urging pension funds to follow the lead of CalPERS and Utah Retirement Systems in pushing hedge fund managers to explain and justify their fee structures.
US - The California Public Employees' Retirement System (CalPERS) has approved a change in policy which it believes could save the state up to $500m this year.
US - The California Public Employees' Retirement System's (CalPERS) good governance campaign has significantly improved stock performance over the past 23 years, a new report shows.
US - California Treasurer Bill Lockyer has asked the state's biggest pension plan to report the 100 highest state and local government salaries each year and to help prevent pay abuses.
US - The California Public Employees' Retirement System (CalPERS) has welcomed plans by Massey Energy to upgrade its corporate governance practices.