Pension liability transfers to increase; Young generations face wealth deficit; Kraft's planned US pensions freeze raises concerns at Cadbury
UK - Legal & General has officially entered into the longevity insurance market.
Legal & General has officially entered into the longevity insurance market.
Four more pension schemes entered the Pension Protection Fund last month.
UK - Some £7.8bn (US$12.3bn) of pension scheme risk transfer deals were completed in 2009, despite challenging financial landscape, analysis from Hymans Robertson revealed.
Some £7.8bn of pension scheme risk transfer deals completed in 2009, despite challenging financial landscape, analysis from Hymans Robertson reveals.
EUROPE - Exchange traded funds tracking commodities and hedge fund indices are the best placed to receive new inflows this year, a survey by db x-trackers revealed.
MEXICO - The country's state pension fund (afores) posted average returns of 5.5% for the month of January, according to data released by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR).
FRANCE - President Nicolas Sarkozy has announced that negotiations on pension reform will start in April in a bid to rein in France's ballooning pension deficit.
GLOBAL - Investment managers expect global equity returns to clock in at the 10% range in 2010, helping to fuel economic recovery this year, a survey by Towers Watson found.