Vestey Group has conducted a £280 million ($464.4 million) bulk annuity deal with Rothesay Life for its pension fund, Western United Group Pension Scheme, London, said Ben Fowler, group head of ...
August 21, 2014 | 12:25 pm
An SEC administrative law judge ruled Wednesday that institutional timber manager Timbervest LLC violated terms of the Investment Advisers Act of 1940.
August 20, 2014 | 04:18 pm
Participants in the Lehman Brothers pension fund in the U.K. will receive their full retirement benefits, after an agreement to pay £184 million ($307.2 million) to fund a buyout was reached...
August 19, 2014 | 02:54 pm
The funded status of the 100 largest U.S. corporate pension plans dropped to 85% in July, down from 85.3% in June, said the latest Milliman 100 Pension Funding index.
August 15, 2014 | 01:38 pm
Cox Enterprises Inc. will have to give the Pension Benefit Guaranty Corp. $13.9 million to cover the unfunded pension liabilities of News-Journal Corp.
August 13, 2014 | 06:04 pm
Exelon Corp. hired Segall Bryant & Hamill as a manager for its defined benefit plans.
August 13, 2014 | 01:11 pm
The median return of all plans in the BNY Mellon U.S. Master Trust Universe was 3.74% in the second quarter ended June 30
August 11, 2014 | 03:10 pm
Proposed changes to pensions accounting standards could wipe more than £25 billion ($42 billion) from FTSE 350 company balance sheets
August 11, 2014 | 02:31 pm
Archer Daniels Midland Co. will offer lump-sum payments to 10,000 U.S. retirees.
August 07, 2014 | 04:03 pm
After hitting a historic low in June, the NISA Investment Advisors Pension Surplus Risk index rose 80 basis points to 9.4% at the end of July.
August 07, 2014 | 03:37 pm
Eastman Kodak Co., Rochester, N.Y., is moving all of its U.S. employees to a cash balance plan with a single pension benefit formula, effective Jan. 1.
August 07, 2014 | 01:31 pm
Buck Consultants at Xerox, New York, on Wednesday said it will freeze its defined benefit plan at the end of 2014 and enhance its 401(k) plan.
August 06, 2014 | 04:51 pm
FTSE 100 companies provided additional security to their pension funds via promises of non-cash contributions during 2013 at the expense of cash contributions, with 38 firms reporting this kind of...
August 06, 2014 | 03:58 pm
Miki Travel Ltd. Pension & Assurance Scheme, London, entered into a pension buyout with Pension Insurance Corp., covering £45 million ($75.9 million) of liabilities.
August 06, 2014 | 12:31 pm
The funded status of S&P 1500 companies with defined benefit plans remained at 85% in July due to falling equity markets and slightly rising interest rates, said a monthly report from Mercer.