News
Defined Contribution
Trustees are becoming increasingly concerned about the impact of defined contribution default funds should Barclays Global Investors be sold.
04 June 2009
•
Investment
Pension funds must join forces to overhaul and improve governance across the fund management industry to avoid another "catastrophic" economic failure.
04 June 2009
•
US
US - A US court has accepted an appeal filed by Indiana pension funds regarding Chrysler's sale to Fiat, possibly postponing Chrysler's emergence from bankruptcy.
03 June 2009
•
Investment
Four-fifths of UK corporate pension funds have a responsible investment policy in place, UKSIF research reveals.
03 June 2009
•
Bulk Annuities
Buyout market volumes are set to shrink to £4bn in 2009, a report by Lane Clark & Peacock reveals.
03 June 2009
•
Defined Benefit
BP is set to close its UK final salary pension scheme to new members from April 2010.
03 June 2009
•
Australia
AUSTRALIA - Prime Minister Kevin Rudd has ruled out lifting the age at which Australians can access their pensions to 67 years.
03 June 2009
•
Defined Benefit
Network Rail has seen its share of the Railways Pension Scheme deficit increase by 79% after a 25% fall in asset values.
03 June 2009
•
Employee Benefits
Aegon has withdrawn from the UK group risk market in a bid to reallocate capital to businesses with higher growth and return prospects.
03 June 2009
•
Defined Benefit
Barclays is set to close its final salary scheme to future accruals as part of a review of its pension arrangements.
03 June 2009
•
