Pension gender gap revealed
US - Women over 50 were much less likely than men to receive an annuity or pension income in 2006, but improvements are being made, according to research from the Employee Benefit Research Institute (EBRI).
The study evaluates the impact of gender, age, education, marital status, and other demographic factors in the likelihood of a worker receiving annuity and/or pension income in retirement. The study reported...
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CalPERS issues indexing RFP
US - The California Public Employees' Retirement System (CalPERS) is in search of a manager to provide index fund products for six of its trust funds.
Verizon, AT&T to face significant pension costs in 2012
US - Telecommunications companies AT&T and Verizon Communications could face increased pension payments next year as their liabilities soar to a combined $73.2bn, according to an analyst note from Bernstein Research, a unit of AllianceBernstein.
News Corp. board under further investor pressure
US - Rupert Murdoch and other News Corporation directors face opposition from corporate governance advisory firm ISS which advised shareholders to vote against their re-elections to the board.
Mercer: S&P 1500 deficits highest since WWII
The aggregate deficit of S&P 1500 pension plans increased by $134bn in September, reaching a "post-World War II high", Mercer claims.
Acadian names new chairman, CEO in restructure
US - Acadian Asset Management has named Ronald Frashure chairman and Churchill Franklin, chief executive, after a restructure of the firm's top ranks.
