News
United Kingdom
UK - PricewaterhouseCoopers has been forced to undertake an exhaustive review of its client base after the Financial Reporting Council discovered it was acting as auditor to a company while providing actuarial services to its defined benefit pension scheme....
15 September 2010
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Investment
PERU - Peru's central bank has increased the amount pension funds can invest in international assets by two percentage points to 30% of their overall portfolios.
15 September 2010
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US
US - The 100 large defined benefit plans tracked by Milliman are carrying their biggest deficits in a decade.
15 September 2010
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Bulk Annuities
The £337m Next Group Pension Plan has undertaken a £124m buy-in deal for the defined benefit section of the scheme, half year results reveal.
15 September 2010
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Appointments
The National Association of Pension Funds has elected two members to its 19-strong investment council.
15 September 2010
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Regulation
PricewaterhouseCoopers has been forced to undertake an exhaustive review of its client base after the Financial Reporting Council discovered it was acting as auditor to a company while providing actuarial services to its defined benefit pension scheme....
15 September 2010
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Industry
Resolution has finalised its deal to buy Axa's UK life businesses as part of its ongoing acquisition programme, which is likely to continue until the middle of next year.
15 September 2010
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Defined Benefit
Public sector workers earn £136 a week more in pay and pensions than their private sector counterparts, Office for National Statistics data proves.
15 September 2010
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Industry
Financial secretary Mark Hoban has pointed the finger of blame at the Labour government for the scale of payments owed to Equitable Life policyholders following the insurer's near collapse 10 years ago.
15 September 2010
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