Jenny Blinch travels to Tokyo and finds the corporate DB pensions industry reeling under the effects of the credit crunch
While on the pensions side there is an almost universal move to defined contribution in Europe and the US, Christine Senior finds employee benefits packages continue to differ greatly
Following the publication of a report on DC schemes around the world, State Street's Kanesh Lakhani highlights key findings and stresses the importance of participation and contribution rates
Administrators were forced to compensate a "missing member" of a wound-up pension scheme after losing all record of his contributions.
UK - FTSE 100 companies' pension schemes had a net deficit of £41bn (US$80.1bn) at mid July this year compared to a £12bn (US$23.4bn) surplus in July 2007, a report by Lane Clark & Peacock LLP (LCP) has shown.
UK - Companies have shown interest in collective defined contribution (CDC) schemes or said the government should change pensions legislation to accommodate such schemes, a survey conducted by Hewitt has revealed.
EMPLOYERS could face a surge of retrospective age discrimination claims relating to occupational pension schemes after two European court rulings, a law firm warns.
EMPLOYERS will be able to use existing contribution calculations when working out if their scheme is exempt from personal accounts, the government says.
THE Pensions Regulator has stressed the importance of good record-keeping in the governance of pension schemes in a consultation launched today.
SCHEME wind-up victims who fell outside the scope of both the Financial Assistance Scheme and the Pension Protection Fund will qualify for help, the government has confirmed.