NETHERLANDS - Royal Dutch Shell will contribute US$5bn to its pension funds in 2009, shaving up to $3bn from previous estimates.
The company had previously estimated it would need to contribute between $6bn and $8bn to its pension funds, but that figure was decreased by the strengthening equity markets, the company said. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
