News
Defined Benefit
Towers Watson has completed more than $1bn (£0.6bn) in transactions involving multinationals using their in-house insurance companies to fund pensions, the consultancy said.
06 April 2011
•
Industry
HM Treasury is hunting for actuarial firms to work on the Equitable Life payment scheme and estimates the contracts could be worth up to £5m.
06 April 2011
•
Global
GLOBAL - Towers Watson has completed over $1bn in transactions involving multinationals using their in-house insurance companies to fund pensions, the consultancy said.
06 April 2011
•
Canada
CANADA - The Ontario Teachers' Pension Plan added C$13.3bn ($13.9bn) in investment income in 2010, the highest in its history, but continues to face severe funding woes.
06 April 2011
•
US
US - The Massachusetts state pension fund will begin bypassing middlemen by directly investing as much as $500m in hedge funds.
06 April 2011
•
Regulation
Trustees must get to grips with scheme pays requirements and quickly identify administration changes needed to run the new annual allowance regime, Punter Southall says.
06 April 2011
•
US
US - The California State Teachers' Retirement System (CalSTRS) and the California Public Employees' Retirement System (CalPERS) have begun working with an advisory panel of corporate governance experts to help find untapped talent to serve on their corporate...
06 April 2011
•
Defined Benefit
Saint-Gobain has re-appointed Mercer to provide third-party administration services for its £2.2bn UK defined benefit pension scheme for the next seven years.
06 April 2011
•
US
US - Vanguard has launched a new service to advise defined benefit scheme members ahead of anticipated widespread pension plans closures.
06 April 2011
•
Industry
Professional Pensions has scooped the prestigious HR Publication of the Year Award for the second year running.
06 April 2011
•
