News
Europe
EUROPE - European Union finance ministers failed to agree on a draft law to regulate hedge funds and private equity firms, which the U.K. said could hurt London's competitiveness as a financial centre.
17 March 2010
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US
NETHERLANDS/US - Dutch asset manager APG has filed a suit against Bank of America (BofA) alleging the firm misled shareholders in the lead-up to its acquisition of Merrill Lynch.
17 March 2010
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Defined Benefit
British Airways' resolution with unions over its £3.7bn deficit is encouraging but will not solve the problem in the long term, industry experts warn.
17 March 2010
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United Kingdom
UK - British Airways' resolution with unions over its £3.7bn (US$5.7bn) deficit is encouraging but will not solve the problem in the long term, industry experts warned.
17 March 2010
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Defined Benefit
FTSE100 companies could slash £10bn from their combined pension deficits through non-cash funding this year, PricewaterhouseCoopers says.
17 March 2010
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Defined Contribution
Defined contribution values are significantly lower than pre-recession levels, despite a 40% recovery in stock markets in the last 12 months, Aon Consulting says.
17 March 2010
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Press
BA agrees pension deal with unions; Restoring safety valves to the pensions system; Initial charge for new pension set at 2%; Expats lose pension appeal; Non-cash assets being used to fund pensions; Savers need incentive to feather their own NEST; Shareholder...
17 March 2010
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Defined Contribution
It is impossible to say how long the 2% charge on National Employment Savings Trust contributions will last for, the Personal Accounts Delivery Authority says.
17 March 2010
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Industry
Early adopters of the National Employment Savings Trust are facing a poor deal due to high charges, industry experts say.
17 March 2010
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