Johnson Controls Inc. expects to contribute $311 million to its defined benefit plans in its current fiscal year, ending Sept. 30, 2017, up 127% from the previous fiscal year.
November 29, 2016 | 04:04 pm
Construction materials manufacturer and supplier Aggregate Industries, Markfield, England, completed a £135 million ($168.4 million) buy-in with Just Retirement for its pension plan.
November 29, 2016 | 12:29 pm
The level of underfunding in corporate pension funds is at its worst in North America, shows analysis by MSCI ESG Research.
November 21, 2016 | 01:33 pm
E.I. du Pont de Nemours & Co., Wilmington, Del., is freezing its U.S. defined benefit plan in late 2018, the company said in an 8-K filing Thursday.
November 17, 2016 | 02:50 pm
More U.S. corporations are freezing their defined benefit plans as a reflection of their concerns with the risk of their plans’ funding ratios as well as the overall cost of their plans, a new...
November 17, 2016 | 03:56 pm
U.K. corporate defined benefit funds saw a £35 billion ($44.1 billion) improvement in deficits in the week after the U.S. presidential election, which is helping unwind damage done by the U.K....
November 16, 2016 | 01:40 pm
Defined benefit funding by corporations is taking on renewed urgency for regulators, pension funds and companies themselves as the potential for deficits to interfere with corporate life becomes more ...
November 14, 2016
The Vickers Group Pension Scheme, Derby, England, completed a £1.1 billion ($1.3 billion) buyout with Legal & General Group PLC.
November 14, 2016 | 12:00 pm
Wells Fargo & Co. contributed $1.3 billion to its U.S. defined benefit plan, according to the company’s latest 10-Q filed with the Securities and Exchange Commission.
November 10, 2016 | 09:40 am
Institutional investor returns rose by more than 3% in the third quarter, said data released Tuesday by Northern Trust and MSCI.
November 08, 2016 | 02:49 pm
ITT Inc., White Plains, N.Y., announced in an 8-K filing with the Securities and Exchange Commission on Friday it is offering a lump-sum window to certain participants in its U.S. defined benefit plan.
November 04, 2016 | 03:03 pm
The aggregate funding ratio for U.S. corporate defined benefit plans remained relatively unchanged in October, said reports from Mercer, Wilshire Consulting and Legal & General Investment Management...
November 03, 2016 | 04:09 pm
The U.K. Pensions Regulator is taking action against a number of firms and individuals in relation to funding pension plans sponsored by retailer BHS.
November 03, 2016 | 02:39 pm
The trustee of the Shell Overseas Contributory Pension Fund, Bermuda, intends to complete a $200 million buy-in with Solen Life Insurance, a Royal Dutch Shell-owned insurance company, said the fund's ...
November 03, 2016 | 12:31 pm
Canadian corporate and public pension plans returned an overall 4.2% in the third quarter with global and domestic equity investments continuing to drive gains, said RBC Investor & Treasury Services' ...