News
US
US- The Securities and Exchange Commission yesterday named Robert Khuzami, a former federal prosecutor with a history of prosecuting high profile white collar criminals and terrorists, as director of enforcement.
20 February 2009
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Appointments
MERCER has appointed Claire Ross and Andy White to its UK benefits outsourcing business, as part of a plan to boost its service.
20 February 2009
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Legislation
SCHEMES will not have to increase pensions during a deflationary period but payments cannot be reduced to reflect lower cost of living, Lovells warns.
20 February 2009
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Press
BAE pays £500m to top up plunging pension pot; The Pensions Regulator warns over dividend payouts; Loss of pensions benefits would be the bigger blow
19 February 2009
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Defined Contribution
Companies with a proactive communications strategy will be better placed to minimise possible member distress over defined contribution asset falls, Fidelity says.
19 February 2009
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Defined Contribution
Defined contribution pension assets have lost 25% of their value, equating to £140bn since September 2007, Aon Consulting says.
19 February 2009
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Defined Benefit
BAE Systems will have to inject more than £500m into its pension schemes this year after its deficit ballooned to £4.2bn, company reports reveal.
19 February 2009
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US
US - Companies with diverse boards perform better than those that have members with similar ethnic, gender and skill sets profiles, a report by the California Public Employees' Retirement System (CalPERS) reveals.
19 February 2009
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Uncategorised
Alexander Forbes Financial Services is set to make a "limited number" of support staff redundant following a downturn in the corporate pensions market.
19 February 2009
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Italy
ITALY - Employees will have the right to transfer contributions accumulated in a pension fund as well as future contributions, Italian pension watchdog COVIP has ruled.
19 February 2009
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