News
Defined Contribution
The economic crisis has put defined contribution schemes under extreme scrutiny but they will emerge in better shape than before the downturn, Watson Wyatt says.
23 February 2009
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United Kingdom
UK - The Merchant Navy Officers Pension Fund has delayed its planned insurance buyout deal for the old section of its scheme, as a result of market turbulence.
23 February 2009
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Bulk Annuities
THE Merchant Navy Officers Pension Fund has delayed its planned insurance buyout deal for the old section of its scheme, as a result of market turbulence.
23 February 2009
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US
US - Coca-Cola Bottling Co., the second largest bottling company in the US, has suspended contributions to its 401(k) plan with effect from April this year.
23 February 2009
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Netherlands
NETHERLANDS - The Dutch government has extended the recovery period for pension funds from three to five years.
23 February 2009
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US
US - The board of the Alaska Permanent Fund has dropped two private equity investments as staff focus on boosting its core assets.
23 February 2009
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Uncategorised
THE Transport Salaries Staffs' Association (TSSA) is balloting members on strike action in response to proposed changes to the Network Rail section of the Railways Pension Scheme.
23 February 2009
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Defined Contribution
STANDARD LIFE has defended its decision to guarantee annuity quotes on its internal policies for just one day.
23 February 2009
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Global
GLOBAL - Exchange traded fund (ETF) assets fell during January, although less than the decline on global markets, according to Barclays Global Investors (BGI).
23 February 2009
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US
US - The Teachers' Retirement System of the state of Illinois (TRS) has axed three managers and placed several more on watch, including PIMCO, as it reviews its investment strategies ahead of an April asset allocation review.
23 February 2009
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