CANADA - The Canadian government will go on road show to get feedback from individuals, and have commissioned a series of reports on how to improve the country's pension system.
The National Employment Savings Trusts' 2% contribution charge will be levied for 20 years, the pensions minister says.
SWITZERLAND - Fund of hedge funds group Gottex Fund Management Holdings suffered a 16% decline in fee-earning assets last year, but saw the managed account program it launched in June grow to US$500m reflecting interest from institutional investors in...
HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson says.
UK - HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson said.
Tax efficient arrangements such as employer funded retirement benefit schemes could come under heavy government scrutiny following yesterday's Budget, a consultant warns.
UK - Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.
Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.
Incoming Association of Consulting Actuaries chairman Stuart Southall has questioned policy makers' willingness to take strong action on pensions.
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