News
Defined Benefit
British Airways has reached a provisional deal with trustees over the level of its pension scheme deficits.
14 December 2009
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Defined Benefit
UK - British Airways has reached a provisional deal with trustees over the level of its pension scheme deficits.
14 December 2009
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Investment
Gartmore Group today announced an offer price of 220p per ordinary share for its initial public offering on the London Stock Exchange, valuing the company at around £676m.
11 December 2009
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Asia
EUROPE/CENTRAL ASIA - Pension funds in Europe and Central Asia should provide pension increases in line with cost of living indexes instead of wages to make the systems more sustainable, the World Bank said.
11 December 2009
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Investment
AUSTRALIA - Total estimated assets held by superannuation funds grew by A$114.5bn (US$104.7bn) to a total of A$1.2trn, an increase of 10.6%, data by the Australian Prudential Regulation Authority (APRA) revealed.
11 December 2009
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US
US - Major US employers expect to increase contributions to their pension plans to get a handle on soaring liabilities, a Hewitt Associates report revealed.
11 December 2009
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Investment
US - Moody's Investors Services has downgraded the long-term credit ratings of the California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) citing severe losses in assets.
11 December 2009
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Defined Benefit
The registration process for the UK Pensions Awards 2010 has now closed.
11 December 2009
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Defined Benefit
The Royal Mail pension scheme is straining under the pressure of a potentially record-breaking pensions deficit, the company says.
11 December 2009
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Defined Benefit
UK - The Royal Mail pension scheme is straining under the pressure of a potentially record-breaking pensions deficit, the company said.
11 December 2009
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