THE government should take advantage of low yields and issue special pension gilts, Ros Altmann has urged.
US - Current economic conditions have 83% Americans worried about their ability to retire, a survey by the National Institute on Retirement Security (NIRS) has revealed.
SWITZERLAND - The sponsors of the CHF1.09bn (US$0.96bn) Caisse de Pensions de la Commune de Lausanne (CPCL) should inject CHF350m into the heavily underfunded scheme, according to a proposal put forward by the local government.
Trustees of the £1bn Asda Group Pension Scheme have appointed Cardano to manage the relationship between assets and liabilities for part of the fund.
Compensation for Equitable Life policyholders is expected to be confirmed by the government tomorrow.
LARGE retail sector defined benefit pension schemes are set to cause a substantial drain on company cash flow, a Pension Capital Strategies study reveals.
GLOBAL- Barclays Global Investors will lose 330 employees as its parent company moves to trim staff during the current financial crisis.
US - About half of US pension plans are likely to implement some form of liability driven investing in the next five years, twice the estimated current amount, predicts Bob Collie, director of investment strategy at Russell Investment.
Investment Solutions has launched a monthly index for small to medium schemes in a bid to demonstrate movements in deficits and highlight when funds can lock in gains.
US - Effective defined contribution (DC) plan design will be one of the most pressing issues for employers throughout 2009, according to Mercer.