News
Industry
The National Association of Pension Funds has closed its final salary scheme to new members after liabilities soared by nearly 50% during 2009, PP has learned.
14 October 2010
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Defined Benefit
Schemes that have already mitigated risk are likely to be hit hard by the Pension Protection Fund's new levy calculation, Aon Hewitt warns.
14 October 2010
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US
US - The Segal Company has acquired Aon Consulting's multiemployer defined benefit plan and related consulting business in the US.
13 October 2010
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United Kingdom
UK - Insurers will be forced to increase buyout prices in the medium term unless CPI-linked instruments are issued in the coming months, Punter Southall says.
13 October 2010
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Ireland
IRELAND - The Pensions Board has agreed to extend the timeframe for defined benefit schemes to submit their funding proposals.
13 October 2010
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US
US - Six major US cities have pension assets that can only pay for promised benefits for the next 10 years, new research shows.
13 October 2010
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Industry
A fifth of intermediaries in the group pensions market believe they will have fewer customers and earn less because of the RDR, according to a study from ORC International.
13 October 2010
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Industry
The BBC is facing a "winter of growing discontent" over proposed changes to the pension scheme, cuts and jobs, the National Union of Journalists warns.
13 October 2010
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Investment
Insurers will be forced to increase buyout prices in the medium term unless CPI-linked instruments are issued in the coming months, Punter Southall says.
13 October 2010
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Press
Pensions proposal to lift tax-free threshold; Switch to CPI will hit benefits; September shares rally halves pension scheme shortfall; Renewed threat of pension strikes
13 October 2010
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