Pension contributions

Textron contributes $311 million to pension funds in third quarter

Pension Funds -

Pension Funds -

Textron Inc. contributed $311 million to its pension plans during the quarter.
U.K.'s PLSA consults on national retirement targets, need for more saving

Defined Contribution -

Defined Contribution -

The PLSA is consulting the industry on national retirement targets, which will help plan participants assess if they are on track for the desired retirement.
Saving more is key to secure retirement, PLSA panelists contend

Investing -

Investing -

Attendees at a Pensions and Lifetime Savings Association conference hear that saving more is key to secure retirement.
FTSE 100 DB plans would struggle in next recession — report

Pension Funds -

Pension Funds -

Around 20% of FTSE 100 company pension funds would struggle in a recessionary environment, with deficits jumping 100 billion.
Corporate pension assets outpace liability growth
Asset returns among the top largest 100 corporate pensions plans have outpaced the growth of their respective liabilities for the majority of 2017.
Corporate DC matching 'penalizes the poor,' keynote speaker says

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Defined Contribution -

Meir Statman told conference attendees that DC plan sponsors should make corporate contributions "unconditional on employee contributions."
Canadian pension plans see funding improvements in third quarter — 2 reports

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PENSION FUNDS -

Canadian corporate and public defined benefit plan funding rose in the third quarter, boosted by strong equity performance and higher bond yields.
Tesco's pension deficit falls 56% in six-month period; company agrees to higher contributions

PENSION FUNDS -

PENSION FUNDS -

Tesco saw its pension deficit fall 56.4% in the six months ended Aug. 26 to 2.4 billion, and agreed to increase its pension contributions.
SunLink to contribute $140 million to pension plan this fiscal year

Pension Funds -

Pension Funds -

SunLink Health Systems plans to contribute about $140 million to its frozen U.S. defined benefit plan in the fiscal year ending June 30, 2018.
PPF sets levy at 550 million for fiscal year 2019

Pension Funds -

Pension Funds -

Pension Protection Fund has set its levy estimate at 550 million for fiscal year 2019, about 10% lower than the current fiscal year.
Republican tax reform blueprint protects incentives for retirement savings

Washington -

Washington -

Republicans unveil a tax reform framework that calls for lower individual and corporate tax rates, while protecting incentives for retirement savings.
Colorado PERA issues proposals to boost funded status

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DEFINED BENEFIT -

Colorado PERA proposed a number of reforms to reduce the $43 billion pension fund's risk profile and improve its funded status.