News
US
US - Workers covered by 401(k) plans with automatic enrolment and savings escalation would be on average 2.4-2.6 times better off than those with voluntary plans, analysis by the Employee Benefit Research Institute (EBRI) has suggested.
08 July 2008
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US
US - Coca-Cola has agreed to pay US$137.5m to settle a class action law suit led by two pension funds.
08 July 2008
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Europe
SWITZERLAND/UK - Swiss Re has confirmed it is to launch into the pension fund buyout market in September.
08 July 2008
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Admin / Technology
THE Milk Pension Fund has appointed Aon Consulting to provide the scheme with administration services.
08 July 2008
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Uncategorised
THE government is set to launch a generic financial advice pilot scheme in a bid to tackle a lack of financial understanding and education early next year.
08 July 2008
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United Kingdom
UK - Aon Consulting has announced it has been appointed scheme administrator to the Milk Pension Fund, the pension fund for the UK milk industry.
08 July 2008
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Uncategorised
CONFLICTS of interest on trustee boards could rise as directors look to cut funding levels in the wake of the global downturn, Trustee GAAPS claims.
08 July 2008
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United Kingdom
UK - Active managers' poor performance has led the London Borough of Hillingdon to dramatically restructure its pension fund portfolio in favour of a passive approach.
07 July 2008
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Japan
JAPAN - Plans to siphon off Y10trn (US$90bn) from the world's largest pension fund, Japan's Government Pension Investment Fund (GPIF), to form a sovereign wealth fund (SWF) have been put forward this week by a working party from within the country's ruling...
07 July 2008
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Global
Quantitative managers have admitted they are likely to become less transparent, following lessons learnt from the credit crisis.
07 July 2008
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