News
US
US - New Jersey Governor Chris Christie said he doesn't mind breaking promises to pensioners to close a $10.5bn budget deficit - even if they sue.
02 February 2011
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Employee Benefits
Incisive Media, the owner of Professional Pensions, has implemented the UK's first 100% employee-funded voluntary income protection scheme as part of a revamp of its You Choose benefits offering.
02 February 2011
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North America
US/CANADA - UK risk management firm PensionsFirst has launched a new division to provide advanced risk management services to public and private sector pension plans in North America.
02 February 2011
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Industry
Equalising annuity rates for men and women will be part of the "slow death for conventional annuities", Alexander Forbes Annuity Bureau says.
02 February 2011
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Greece
GREECE - Greek telecom operator Hellenic Telecommunications Organisation (OTE) has said it will have to book a €129.8m ($179m) pensions cost charge to its 2010 accounts following an actuarial study by the Greek government.
02 February 2011
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Investment
The threat to pension funds posed by soaring inflation and interest rate rises can be cushioned using absolute return strategies, Aviva Investors says.
02 February 2011
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Risk Management
The trustees of the £260m Sun Chemical Pension Scheme have appointed Mercer to deliver an implemented investment solution.
02 February 2011
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Industry
Employment rates for people beyond State Pension Age remained resilient throughout the 2008 recession - bucking the trend of the rest of the workforce, statistics reveal.
02 February 2011
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Singapore
ASIA - Aviva Investors has appointed Kevin Talbot as chief investment officer (CIO) of fixed income and Manish Singhai CIO of equities in Asia.
02 February 2011
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Ireland
IRELAND - Irish pension fund returns remained flat in January 2011, research by Aon Hewitt shows.
02 February 2011
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