News
Regulation
Schemes planning to take advantage of rule changes governing the revaluation of deferred benefits do not have to consult members beforehand, a consultant says.
05 February 2009
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Defined Benefit
The deficit of FTSE350 defined benefit pension schemes stands at £163bn with £100bn of the deficit shared by just 20 firms, Hymans Robertson says.
05 February 2009
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Uncategorised
Auto-enrolment into workplace pensions will benefit 95% of the working population and 70% can expect to get back twice what they put in, the government says.
05 February 2009
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Bulk Annuities
THE Vivendi 2008 Pensioners' Scheme is set to buyout its member benefits through a deal with MetLife Assurance.
05 February 2009
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US
US - The performance of institutional investors' portfolios for the 2008 calendar year was down approximately 25%, research by Wilshire Analytics shows.
05 February 2009
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United Kingdom
UK - The Vivendi 2008 Pensioners' Scheme is set to buyout its pensioner benefits through a deal with MetLife Assurance.
05 February 2009
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Europe
EUROPE - A study of European retirement systems shows a wide range of pension provisions throughout the continent, says Allianz Global Investors.
05 February 2009
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Press
Personal accounts backed; Aviva prepares for furore over cut to £1bn payout to policyholders; Jeremy Warner: A manifesto to save the free market
05 February 2009
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Appointments
JLT Benefit Solutions has appointed James Lewis as a senior sales consultant working across its administration services.
05 February 2009
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Ireland
IRELAND - The Irish government has announced plans to introduce a new contribution rate for civil servant pension schemes, which could save it €1.4bn (US$1.8bn) this year.
05 February 2009
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