Discount rates among Canadian corporate pensions in the S&P/TSX index with liabilities over C$1 billion declined in 2016 after a brief uptick in 2015.
March 30, 2017 | 11:29 am
The Pensions Regulator publishes guidance for trustees of defined benefit funds, outlining factors and approaches related to investment governance, implementation and monitoring.
March 30, 2017 | 10:26 am
PGL Pension Scheme, Birmingham, England, completed a £1.2 billion ($1.5 billion) bulk annuity transaction with Phoenix Life, said its consultant, Aon Hewitt.
March 23, 2017 | 11:37 am
Sears Holdings Corp., Hoffman Estates, Ill., plans to contribute $312 million to its U.S. defined benefit plan in 2017, the company announced in a 10-K filing with the Securities and Exchange...
March 23, 2017 | 03:32 pm
Federated Flexiplan No. 1, Manchester, England, completed a £70 million ($86.7 million) buy-in with Aviva.
March 21, 2017 | 11:58 am
Pension Benefit Guaranty Corp.'s dire financial condition has officials predicting painful cuts for more than 1 million multiemployer plan participants projected to need its help.
March 20, 2017
Stichting Philips Pensioenfonds, Zeist, Netherlands, reduced its fixed-income allocation as it expects interest rates to rise over the coming years.
March 20, 2017 | 01:40 pm
Lufthansa AG is introducing a new defined contribution plan for its German pilots in the middle of this year, following an agreement the airline reached Wednesday with the pilots' union.
March 15, 2017 | 02:34 pm
Alps Electric Pension Scheme, Milton Keynes, England, conducted a £33 million ($40.5 million) buyout with Pension Insurance Corp.
March 15, 2017 | 08:01 am
The total deficit of defined benefit funds covered by the Pension Protection Fund’s 7800 index increased 23.3% over February to £242 billion ($300.8 billion).
March 14, 2017 | 07:36 am
Sears Holdings Corp. reached a new agreement with the PBGC to protect its pension fund assets following the sale of Sears' Craftsman brand to Stanley Black & Decker.
March 09, 2017 | 01:32 pm
HSBC Bank (U.K.) Pension Scheme, London, will invest £2 billion in the Legal & General Investment Management Future World Fund, which the bank's defined contribution plan seeded last year.
March 09, 2017 | 01:49 pm
Tata Steel U.K. will freeze the £13.3 billion ($16.3 billion) British Steel Pension Scheme at the end of the month, the sponsoring employer said in a statement Tuesday.
March 07, 2017 | 03:12 pm
The largest U.S. corporate pension plans did not see a big change in their aggregate funded status in February, said reports from Milliman and Aon Hewitt.
March 07, 2017 | 03:19 pm
U.S. corporations plan to contribute more than $26.8 billion to their pension funds this year, according to an analysis by Pensions & Investments, with UPS, FedEx and GE leading the list of...