US - Delta Air Lines has topped up the pension schemes covering most of its US employees by US$558m.
US - Californian schemes have dismissed the conclusions of a study by the Stanford Institute for Economic Policy Research (SIEPR), which claimed the funding level of the three largest Californian pension funds has so far been understated due to the accounting...
UK - Barbara Judge has been named as the next chairman of the Pension Protection Fund (PPF).
GLOBAL - Top US and Australian pension funds are supporting a resolution filed by a group of investors from all over the world asking British Petroleum (BP) to disclose information on oil sand projects.
AUSTRALIA - Compulsory government annuities envisaged by the interim report of the Henry review could be harmful to the ageing population, the Investment and Financial Services Association (IFSA) warned.
US - AT&T has asked a US judge to dismiss claims that it discriminated against older workers when it converted its defined benefit pension scheme to a ‘cash balance' arrangement in 1997.
IRELAND - Bank of Ireland (BoI) has proposed to contribute around €800m (US$1.06bn) to its defined benefit scheme and to implement a number of measures in a bid to tackle its €1.6bn pension deficit.
GLOBAL - The totality of the respondents to this month's GP 100 panel said they are neither investing nor considering investing in UCITS-compliant hedge funds.
NETHERLANDS - Assets under management at Dutch pension funds increased from €692bn (US$925bn) in 2008 to €743bn in 2009, according to latest statistics from De Nederlandsche Bank (DNB).