US - San Diego's pension fund deficit has fallen US$400m to US$1bn, according to a pension specialist hired by SDCERS.

COSALT has appointed Jardine Lloyd Thompson Benefit Solutions to provide actuarial, consultancy, investment and administration services for its pensions scheme.

US - Californian public employee benefits exceeded US$20.1bn in FY 2003-04 and many funds are struggling under the weight of "rapidly escalating" pension costs, a Center for Government Analysis report has found.

BELGIUM - Pension funds have reacted with scepticism to a suggestion by the Belgian Association of Pension Institutions (ABIP) chairman that they invest in the multi-billion euro transportation works in Antwerp, citing a hesitance to be tied down long...

THE PENSIONS Regulator's has published a set of guidelines on levy charges for employers, trustees and pension scheme administrators.

US - Transportation and supply chain management solutions company Ryder System has frozen its current pension plan and is providing its members with an enhanced 401 (k) savings plan instead.

REAL estate investment trusts will be of "limited benefit" to schemes, Arlington Securities claims.

Strike in the wings at BA as relations hit 'worst for a decade'; Sterling soars after shock rate rise; Man Group assets top $60bn for first time

ACCOUNTING standards should be changed to reflect future scheme administration costs, PricewaterhouseCoopers urges.

ONLINE bank First Direct has relaunched its total reward statements to help employees get a clear understanding of the flexible benefits on offer.