News
Australia
AUSTRALIA - QIC has appointed Matthew Peter as chief economist to oversee strategic investment research and macro-economic analysis.
08 July 2008
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US
US - Former Airtrans CEO Freddie Ford has been sentenced to 15 months in prison after being convicted of theft from 401(k) plans.
08 July 2008
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Bulk Annuities
SWISS RE has confirmed it is set to launch a pensions buyout product later this year.
08 July 2008
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Mandates
THE Unite Amicus Section Pension Scheme has appointed First Actuarial to provide it with actuarial and administration services.
08 July 2008
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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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