News
Investment
The financial crisis significantly affected the saving behaviour of the National Employment Savings Trust's target market, with 46% making a change and 14% stopping contributions all together, according to research.
19 July 2011
•
Defined Benefit
The government has laid out the pace of the 3.2 percentage point increase in employee contribution by phasing it in gradually over three years, Danny Alexander confirms.
19 July 2011
•
Defined Benefit
Extending talks on public sector pension reforms will not stave off strike action if the government continues its current pathway to reform state worker pensions, the Trades Union Congress says.
19 July 2011
•
Defined Benefit
The Treasury has set out the government's progress on public service pension reform - announcing consultations and plans for talks with unions. Here are the key points of today's announcement.
19 July 2011
•
Defined Benefit
Heineken has closed its defined benefit scheme to future accrual and replaced it with a defined contribution arrangement.
19 July 2011
•
Defined Benefit
The government has announced public sector pension negotiations will continue on ‘scheme by scheme' basis in the future.
19 July 2011
•
Appointments
RPMI has hired an administration specialist from Mercer to head up its third party administration business.
19 July 2011
•
Global
GLOBAL - Institutional investment managers showed a marked trend towards risk aversion in the second quarter of 2011 amid negative economic news, research by Northern Trust found.
19 July 2011
•
US
US - Moody's has become the second ratings agency to place fixed income funds on review for possible downgrade over concerns they are either entirely or largely directly invested in US Treasury and government agency securities.
19 July 2011
•
Industry
The Department for Work and Pensions overpaid some £3.3bn on benefits last year due to fraud and error, its 2010/11 accounts show.
19 July 2011
•
