US - The funding status of US corporate pension plans rose to a six-month high in November, according to BNY Mellon Asset Management Statistics.
AUSTRALIA - Superannuation funds should hedge their portfolios against inflation to protect them against a surge in US prices, research by fund manager QIC has warned.
Paternoster will not be looking to re-enter the buyout market until turbulent markets have settled, chief executive Ed Jervis says.
The vast majority of businesses are unprepared to deal with the "protection time bomb" that closing or revising defined benefit schemes could create, research reveals.
Pension costs restrict companies; 20-year study finds pension funds rational
Proposed changes to IAS19 will dramatically increase reported pension costs, Hewitt Associates said.
Proposed changes to IAS19 will dramatically increase reported pension costs, Hewitt Associates says.
Most UK companies will continue to run final salary schemes in the short-term despite crippling liabilities, research from the Confederation of British Industry and Watson Wyatt reveals.
Some 29% of companies have not changed their employee benefits during the recession despite the collapse in the "war for talent" due to unemployment, Aon says.
US - A bill introduced into the US Senate yesterday will require 401(k) providers to inform participants of the monthly income they can expect in retirement.