Defined benefit trustees and employers need to do more to communicate the pitfalls of DB to members, an employee benefits consultant says.
NETHERLANDS - Assets under management at Dutch pension funds increased from €692bn (US$925bn) in 2008 to €743bn in 2009, according to latest statistics from De Nederlandsche Bank (DNB).
US/EUROPE - US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund...
As we count down to May 6, Professional Pensions collates the best General Election trivia.
US - Morgan Stanley is set to create a team dedicated to cover institutional investors in the US, according to an internal memo.
US - Close to US$14bn of contributions will need to be paid into the pension funds of General Motors and Chrysler within the next five years, according to estimates from the Government Accountability Office (GAO).
CANADA - The Ontario Teachers' Pension Plan (OTPP) is facing a C$17.1bn (US$17.04bn) funding shortfall despite outperforming its benchmark and generating a 13% return in 2009.
US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund Manager...
Brixton boss Tim Wheeler 'held company to ransom', says successor; 'Unsustainable' public sector pension liabilities hit £1 trillion, says CBI