People who have registered for enhanced protection could find it invalidated by 2012 auto-enrolment regulations and face "penal" charges, First Actuarial says.
Mellon Transition Management (MTM) has appointed Tim Wilkinson and his team of transition management professionals in a major expansion of its business.
NETHERLANDS - ABP has announced its chairman, Elco Brinkman, is to step down after eight years in the role.
UK - The National Association of Pension Funds (NAPF) has called on the government to introduce measures to help firms reduce scheme liabilities.
US - The steep drop in the markets in 2008 wiped out five years of gains in the pension plans of the 100 largest corporate defined benefit (DB) plan sponsors, Milliman research reveals.
The National Association of Pension Funds has called on the government to introduce measures to help firms reduce scheme liabilities.
US - The Pension Benefit Guaranty Corp (PBGC), the US pension lifeboat insurer, has taken over responsibility for workers in the Propex pension plan.
US / UK - Mellon Transition Management (MTM) has appointed Tim Wilkinson and his team of transition management professionals in a major expansion of its business.
Aon Consulting and Russell Investments have teamed up to launch a product to manage both the assets and liabilities of pension funds.
The £1bn Somerset County Council pension fund has allocated £30m to emerging markets.