News
Defined Benefit
The pension deficit of FTSE100 company schemes has doubled since January to reach more than £300bn, Deloitte figures reveal.
17 July 2009
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Defined Benefit
Barclays staff are to be balloted for industrial action over the company's plans to close its final salary scheme to future accruals.
17 July 2009
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Defined Benefit
The trustees of British Airways' defined pension schemes have agreed to release up to £330m in bank guarantees back to the airline.
17 July 2009
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Admin / Technology
Profund Solutions has released version 9.7 of its P3 pension administration software.
17 July 2009
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US
US - The Delphi Salaried Retirees Association (DSRA) filed a lawsuit asking for Delphi executives to be removed as its pension plan administrator, in a further attempt to avoid the plan's termination into the Pension Benefit Guaranty Corporation (PBGC)....
17 July 2009
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Admin / Technology
A review into public sector pension overpayments totalling £90m discovered a "complex and fragmented administrative process" which was prone to errors, the national audit office says.
16 July 2009
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Uncategorised
Actuaries have been urged to vote in the upcoming merger ballot to ensure the final result is a true reflection of members' wishes.
16 July 2009
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Defined Benefit
The International Accounting Standards Board is set to stick by its decision to make firms include all gains and losses relating to their pension arrangements in the year they occur, PP can reveal.
16 July 2009
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Defined Contribution
American Express has suspended company contributions to its UK pension plans in a bid to cut costs.
16 July 2009
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