Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn (£12.6trn) to over US$23trn (£14.5trn), latest Towers Watson research reveals.
GLOBAL - Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn to over US$23trn, latest Towers Watson research has revealed.
So, Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation, the rather shadowy sounding body that will run the National Employment Savings Trust.
Trustees must remain vigilant against sponsor insolvencies as the number of firms going bankrupt often spikes as economies recover, PricewaterhouseCoopers says.
It has been a while since I have been able to contribute a Beveridge report to PP and I have a number of decent excuses. The best one is that I have become liable for a wonderful, but completely unfunded, liability called Henry Beveridge who was born...
Jonathan Stapleton speaks to Barnardo's pensions manager Graham Brown ahead of his retirement at the end of January
January 13 was St Hilary's Day and, according to folklore, is reputed to be the coldest day of the year.
The senior editorial team at PP has passed the Pension Management Institute's Retirement Provision Certificate.
Aggregate scheme funding improved by £60.1bn in December 2009, latest figures from the Pension Protection Fund reveal.
Aggregate scheme funding improved by £60.1bn (US$97.1bn) in December 2009, latest figures from the Pension Protection Fund revealed.