Governance failings across the nation's hybrid schemes are putting member benefits at risk, The Pensions Regulator warns.
US - New General Motors has reached a tentative agreement with a union to provide security for retirees who are facing the loss of their pension and healthcare arrangements.
CANADA - Canada should reform its pension system by creating a hybrid model which resembles the one in place in the Netherlands, the Ontario Teachers' Pension Plan president and chief executive says.
Default investment strategies lost nearly a quarter of their value during 2008 with an average return of -23%, an exclusive PensionsDCisions poll reveals.
US - A Government Accountability Office (GAO) has found most schemes have made large changes to their plan design over the past ten years.
UK - The Vivendi 2008 Pensioners' Scheme is set to buyout its pensioner benefits through a deal with MetLife Assurance.
Defined benefit pension schemes operated by small businesses are now virtually extinct with 91pc closed to new entrants, an Association of Consulting Actuaries survey shows.
UK - Defined benefit (DB) pension schemes operated by small businesses are now virtually extinct with 91% closed to new entrants, an Association of Consulting Actuaries (ACA) survey shows.
UK - Public sector pensions can no longer be afforded in their present state and need to be reformed, the Conservatives say.
US - The Pension Benefit Guaranty Corporation (PBGC) overall deficit has been reduced by almost US$3bn, its annual management report reveals.
Including: US - Russell Reed opens clean-tech investment manager; US - New Hampshire names interim director; UK - Xafinity wins Thales contract
GLOBAL - Worldwide ETF assets under management have fallen by 19.3% this year, according to a report from Barclays Global Investors.
UK - Weaker regulation could lead to "significantly stronger" funding requirements, The Pensions Regulator (TPR) has warned.
While a number of hurdles still stand in the path of multinationals looking to implement pan-European pension plans, Mercer's Barry D. Mack argues the time is right to start the process
A pensions training service aimed at consultants for the private and public sector has been launched by Xafinity Paymaster.
UK - Not enough defined contribution (DC) pension schemes have carried out regular risk assessments over the last 12 months, Watson Wyatt warns.
US - The Department of Labor should develop guidance for defined benefits (DB) schemes investing in hedge funds or private equity, as previously recommended by a federal advisory council, a report by the Government Accountability Office (GAO) has stated....
US - Reducing risk has overtaken increasing returns on assets as the greatest concern for pension scheme executives, a study by Towers Perrin has found.
Lorant Porkolab outlines the whys and wherefores of risk sharing in occupational pension schemes, an approach offering a compromise between DB and DC
UK - The government is being urged to encourage innovation in pension scheme design, following the release of its risk-sharing consultation.
US - Companies are increasingly considering phased retirement programmes as they face an unprecedented talent shortage, according to Hewitt Associates.
US - Defined benefit (DB) and defined contribution (DC) plans have significantly different asset allocations, which may have a great effect on the risk exposure and investment time horizon, according to new research.
MORE than 40pc of defined benefit schemes are expected to close to future accrual in the next five to 10 years, Watson Wyatt figures show.
UK - Over 40% of UK defined benefit (DB) pension schemes are expected to have closed to future accrual within the next five to 10 years, up from the current 6%, Watson Wyatt has found.