INDIA - As many as 25,000 employees of India's central bank plan to strike for a day on 21 October for a higher pension, the United Forum of Reserve Bank Officers and Employees' Association said.
"The strike will be in the form of marked one-day casual leave by the officers and staff of the Reserve Bank of India all over the country," Ghosh told Bloomberg News in a telephone interview. An upgraded pension plan announced by the RBI earlier hasn't been implemented, he said.
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.