News
Defined Benefit
Nine-tenths of FTSE100 firms are breaching accounting guidelines by failing to disclose the sensitivity of their defined benefit scheme liabilities.
16 September 2010
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Industry
PP has backed the formation of the Association of Member Nominated Trustees.
16 September 2010
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Europe
EUROPE - The trade associations for securities lenders such as pension funds, and for hedge funds, have each criticized key planks in European Commission proposals to regulating short selling, issued today.
15 September 2010
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US
US - Governor Chris Christie has unveiled a proposed series of cuts across state pensions as he tries to shore up a deficit that sits at $46bn, and growing.
15 September 2010
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United Kingdom
UK - The £337m ($523.8m) 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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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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