News

GLOBAL - Significant losses experienced by pension funds have resulted in funding deficiencies so large that many companies will not be in a position to make the required pension contributions, a survey by SEI claims.

GLOBAL - Multinational organisations are moving towards a more global approach over funding decisions, risk assessment and managing their retirement plans, a survey by Mercer says.

US- CalPERS is set to boost the amount of active internally managed funds if a request to make two test portfolios permanent and increase the allocation to a fundamental portfolio is approved by the investment committee at a meeting tomorrow (February...

US - A governmental report on reform of Massachusetts state benefits has found many public employees' pension income risks taking them below the poverty line, despite widespread public perception of excessive payments.

MORE than eight out of 10 advisers, trustees and employers believe employees do not understand the risk associated with different kinds of pension schemes, research reveals.

IRELAND - The Irish minister for finance has confirmed the recapitalisation of Allied Irish Bank and Bank of Ireland will be funded by the National Pension Reserve Fund.

UK - The National Association of Pension Funds has updated its corporate governance policy and voting guidelines ahead of the 2009 annual general meeting season.

SALARY increases and bonuses varied considerably across the pensions industry in 2008, an exclusive Sammons Pensions survey shows.

DENMARK - The DKK39bn (£4.5bn) Industriens Pension, the DKK1.8bn (GBP191m) Pensionskassen for Håndværk og Industri (PHI Pension) and the DKK4.7bn (GBP499m) Pensionskassen for Nærings- og Nydelsesmiddelområdet (PNN Pension) have agreed to merge with an...

THE National Association of Pension Funds has updated its corporate governance policy and voting guidelines ahead of the 2009 annual general meeting season.