JAPAN - Japanese pension plan sponsors have restored funding ratios to healthy levels and are exploring hybrid benefits structures such as cash balance plans, according to Greenwich Associates.
In 2003 the funding ratio of pension plans stood at 62%; this year nearly two-thirds of funds reported assets greater than 90% of their long-term liability requirements. Tomio Sumiyoshi, consultant,...
Partner Insight: Russell Investments' David Rae and Paul Wharton discuss how fiduciary management has changed in response to a shifting market context and what we might expect to see going forward
Industry Voice: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
Two years have passed since the Law Commission's landmark review that attempted to clear up confusion over trustees' fiduciary duties. Stephanie Baxter finds despite some initial progress there is much more work to be done.
Catherine Howarth has been an appointed as an ambassador for the Transparency Task Force (TTF)
Michael Klimes looks at the latest proposal to bring transparency on asset manager costs.