UK - Global electronics giant Siemens has been hit by threats of a strike after announcing plans to close its defined benefit (DB) scheme to UK members in a move that will affect 6000 employees.
UK - Government deregulation could hold the key to stopping the rush from defined benefit (DB) to defined contribution (DC) schemes, according to a survey from the National Association of Pension Funds (NAPF).
Funds contemplate a complex relationship with commodities; Old Mutual set for £350m buy-back; Leading Merrill bankers quit over sub-prime woes; Rock secures £10bn funding package
DENMARK - Pensionskassernes Administration (PKA) has committed DKK400m (US$75m) to a real estate project in Manhattan, New York.
Consultant Watson Wyatt is ending final salary pension provision and switching to a career average scheme.
Broadcaster and former Conservative cabinet minister Michael Portillo will host this year's Pension Scheme of the Year Awards.
The total surplus of FTSE100 pension schemes has risen to £22bn despite ongoing upheavals in financial markets, accounting giant Deloitte claims.
FRIENDS Provident has launched a new bond offering a flexible lump sum investment vehicle with access to a broad range funds.
Myth - LDI simply involves investing in bonds Most LDI strategies consist of two elements: one t...
Financial services giant State Street is freezing its final salary pension scheme and switching all workers into an "improved" 401(k) plan instead.