News
US
US - Employment-related class action lawsuits look set to increase over the course of the year as a consequence of the recession, while 2008 payouts exceeded US$17bn, according to a report by law firm Seyfarth Shaw.
14 January 2009
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US
US - The pension relief bill President George Bush signed in December shaved some US$16bn off potential pension contributions for employers in 2009, but companies still face a staggering $108bn in likely pay-outs, a Watson Wyatt report finds.
14 January 2009
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US
US - The Pension Benefit Guarantee Corporation (PBGC) will represent the US government in the event corporate pension plans face troubles caused by losses linked to Madoff's alleged fraud.
14 January 2009
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Uncategorised
A third of workers believe low retirement income will cut life expectancy, however, more than half fear they have not saved enough, a poll reveals.
13 January 2009
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Defined Benefit
AROUND a quarter of defined benefit schemes may close for future accrual within the next three years, Watson Wyatt research reveals.
13 January 2009
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Uncategorised
SBJ Benefit Consultants, PIFC, EB Consultants, Orbit Benefits and Thinc have rebranded as Bluefin Advisory Services.
13 January 2009
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Europe
EUROPE - European credit will outperform cash and government bonds in 2009, fund managers claim.
13 January 2009
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Defined Benefit
THE aggregate deficit of 7800 defined benefit schemes monitored by the Pension Protection Fund increased by £58.5bn in December.
13 January 2009
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US
US - Richard Schiffrin has come out of retirement to join litigation firm Grant & Eisenhofer in New York.
13 January 2009
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Press
Scheme deficits rise by 43pc in December; Pension Corporation takes on £230 Leyland scheme; GMG report highlights private equity failings
13 January 2009
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