The US sub-prime crisis and market volatility created investment opportunities rather than economic threats, Allianz Global Investors chief executive Joachim Faber claims.
Faber said although the economic and investment climate in 2007 was “tough”, the asset management firm had seen operating profits rise to €1.32bn (£1.01bn) in 2007 – an increase of over 22pc per annum...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.