News
US
US - A bill before the Maryland state legislature could see counties forced to absorb higher costs for state teacher retirement schemes.
09 February 2009
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Employee Benefits
SOUTH Wales-based car dealership Mon Motors has hired Alexander Forbes Financial Services to provide it with pension and employee benefits services.
09 February 2009
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Bulk Annuities
BULK annuity business nearly tripled to £8.2bn in 2008, latest research from Aon Consulting reveals.
09 February 2009
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Press
Opt-out fear for pension plan; Savers: Alistair Darling says Budget to cut tax on pensioners' savings income; 'If I'd put my money in an ordinary bank account, it would still be there'; Airline looks to slash soaring costs
06 February 2009
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Investment
The £6.5bn West Midlands Pension Fund is set to significantly reduce its allocation to equities following the completion of a wide-ranging investment review.
06 February 2009
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Investment
Trustees of schemes hit by the drop in value of Standard Life's Pension Sterling Fund have approached their legal advisers after member complaints.
06 February 2009
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US
US - Stricken automobile manufacturer Ford may be forced to make a US$4bn contribution to its pension scheme.
06 February 2009
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Sweden
SWEDEN - The SEK320bn (US$38.9bn) Swedish AMF pension fund has confirmed it is to cut discretionary pension increases.
06 February 2009
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Regulation
The Financial Services Authority has launched a suitability template on pension switching advice as part of an industry-wide review.
06 February 2009
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US
US - Putnam Investments has named Edmund Murphy as its new managing director and head of defined contribution.
06 February 2009
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