Argentina brings home $200m of frozen pension assets

clock •

ARGENTINA/US - Argentina has repatriated US$200m of public pension assets frozen in the US by a court order.

The move follows a ruling by the Supreme Court which confirmed a previous judgement by the New York Federal Court of Appeal that ruled the money could be repatriated, since according to US law, onl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Giovanni Legorano

View profile
More from Giovanni Legorano

FEATURE: Dutch funding levels battered by low discount rates

Ready for new scenarios

More on Argentina

Argentina

Argentina names board directors at Banco Galicia, Patagonia

ARGENTINA - Argentina's pension agency named two directors to the board of Banco de Galicia y Buenos Aires SA and Banco Patagonia SA as part of the government's plan to exercise more voting power over companies in which it owns shares.

Bloomberg News
clock 28 April 2011 •
Argentina

Argentina's lawmakers approve pensions increase

ARGENTINA - Argentina's lower house approved an opposition-backed bill to boost the country's minimum monthly pension payments and link them to the minimum wage, a move the government said would bankrupt the current system.

Eliana Raszewski at Bloomberg News
clock 19 August 2010 •
Argentina

Argentina to boost pension payments by 16.9%

ARGENTINA - The Argentinean government has announced an increase in pension payments to retirees of 16.9%, the second rise this year.

Raquel Pichardo-Allison
clock 29 July 2010 •
Trustpilot