| PensionsWatch 2010 |
| PensionsWatch 2010 |
| TUC |
| 9 Sep 2010 | United Kingdom | Executive Pensions |
| The TUC's eighth annual PensionsWatch survey, which analyses the pension arrangements of 329 directors from 102 of the UK's top companies, shows that the average transfer value for a director's pension is £3.8m, providing an average annual pension of £227,726. |
| 80561132 | | Click here to contact the authors. |
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| 2010 Global Defined Benefit Survey |
| 2010 Global Defined Benefit Survey |
| Pyramis Global Advisors |
| 8 Sep 2010 | WORLDWIDE | Worldwide News, Investment - Management |
According to Pyramis Global Advisors' 2010 Global Defined Benefit Survey, respondents in the US, Canada and Europe said that the main lessons they learned from the financial crisis of 2008-2009 were the need for more downside protection (62%), improved risk management (54%), a better match of assets and liabilities (49%), and a realisation that they were less diversified than they thought (42%).
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| CB5616CA | | Click here to contact the authors. |
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| Funding status of US pensions drops to 71.3%, according to BNY Mellon Asset Management |
| Funding status of US pensions drops to 71.3%, according to BNY Mellon Asset Management |
| BNY Mellon Asset Management |
| 8 Sep 2010 | United States | Investment - Performance, Countries - US |
According to new research by BNY Mellon Asset Management, assets for the typical US corporate pension plan fell by 2.1% in August while liabilities increased by 5.5%.
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| 7C561379 | | Click here to contact the authors. |
| |
| The Aviva Real Retirement Report |
| The Aviva Real Retirement Report - Issue Three |
| Aviva |
| 8 Sep 2010 | United Kingdom | Savings, Pensioners & Retirement |
| The third issue of Aviva's Real Retirement Report has revealed that 25% of over 55s have dipped into savings that provide them with an income in order to pay for unexpected expenses. |
| B956095F | | Click here to contact the authors. |
| |
| Pension risk trasnsfer index buyout update |
| Pension risk trasnsfer index buyout update |
| Pension Corporation |
| 6 Sep 2010 | United Kingdom | Investment - Performance, Pension Buy-out Companies |
Pension Corporation's latest pension risk transfer index buyout update has revealed that pension fund liabilities have increased by approximately 5% since the start of the year, while assets have increased by only 1.5%, working on a basis of 65% equity weighting in the portfolio.
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| 1B561587 | | Click here to contact the authors. |
| |
| Pension Reform: Limiting the Squeeze on Business |
| Pension Reform: Limiting the Squeeze on Business |
| British Chambers of Commerce |
| 6 Sep 2010 | United Kingdom | Pension Reform, Administration |
The British Chambers of Commerce (BCC) has published a report entitled "Pension Reform: Limiting the Squeeze on Business", which uncovers the impact that the Pensions Act 2008 will have on business and the UK economy when it is implemented between 2012 and 2016.
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| B256084B | | Click here to contact the authors. |
| |
| Group Pension Managed Funds Update to 31st August 2010 |
| Group Pension Managed Funds Update to 31st August 2010 |
| Rubicon Investment Consulting |
| 2 Sep 2010 | Ireland | Investment - Performance, Funding and Minimum Funding Requirement, European Union members |
| The returns on Irish pension managed funds fell back slightly in August, with an average return of -0.8% for the month, although some managers did stay in positive territory. |
| CD560718 | | Click here to contact the authors. |
| |
| Salary sacrifice stirs move to on-line and flexible benefit platforms |
| Salary sacrifice stirs move to on-line and flexible benefit platforms |
| Mercer |
| 2 Sep 2010 | United Kingdom | Scheme Design (inc. DB & DC), Administration |
| According to a survey by Mercer, a growing number of companies are planning to introduce technology platforms to automate their pension and other salary sacrifice arrangements and at the same time enhance the communication and flexibility of their benefit programmes. |
| 6E5606AD | | |
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| Aon200 Index updated |
| Aon200 Index |
| Aon Consulting |
| 2 Sep 2010 | United Kingdom | Surpluses and Deficits, Scheme Design (inc. DB & DC) |
| The Aon200 deficit at 31 August 2010 stands at £97bn compared to £74bn at the end of July 2010 and £78bn at the end of August 2009. |
| AC5605B9 | | Click here to contact the authors. |
| |
| Enhanced annuities sales continue to break records |
| Enhanced annuities sales continue to break records |
| Towers Watson |
| 2 Sep 2010 | United Kingdom | Annuities and Income Drawdown |
Research by Towers Watson shows that the value of enhanced annuity sales in the UK rose to £1.26bn in the first half of 2010, which represents an increase of 41% compared to the second half of 2009.
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| B25604E6 | | Click here to contact the authors. |
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| Over worked, over stressed and over 40 |
| 'Colourful Lives' Report Chapter Two |
| First Direct |
| 2 Sep 2010 | United Kingdom | Scheme Amendment, Savings, Longevity |
| First Direct has ascertained that happiness does not begin until the age of 54 with 19% of 'Baby Gloomers' citing financial worries as the main reason for their unhappiness. Gloom factors this generation are victims of include the prospect of later retirement, having to work longer to save for retirement and the closing of final salary pension schemes. |
| 32559785 | | Click here to contact the authors. |
| |
| US pension plan funding at a historic low |
| US pension plan funding at a historic low |
| Mercer |
| 1 Sep 2010 | United States | Funding and Minimum Funding Requirement, Countries - US |
| The funding positions of US pension plans have fallen to historic lows during August due to simultaneously falling equity markets and interest rates. The August decline pushed the health of pension plans, as measured on a mark-to-market basis, to all-time lows as it erased the modest gains made in July. |
| 78560112 | | |
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| Mercer's Scheme Design Survey |
| Scheme Design Survey |
| Mercer |
| 1 Sep 2010 | WORLDWIDE | Scheme Amendment, Scheme Design (inc. DB & DC), Multinational Companies, Funding and Minimum Funding Requirement |
Mercer's Scheme Design Survey analysed responses from 220 multinational companies in the US, UK, Germany, France, Italy and the Benelux countries and found that the evolution of traditional defined benefit schemes is not complete as a third of those questioned are considering making changes to their schemes.
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| 6E559832 | | |
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| 48% of working Brits have never reviewed their pension plans |
| 48% of working Brits have never reviewed their pension plans |
| Baring Asset Management |
| 1 Sep 2010 | United Kingdom | Investment - General |
According to new research, almost 17 million people, or 48% of those in work in Britain, have never reviewed their pension plans.
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| 7D55953A | | |
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| The World's 300 Largest Pension Funds - Year End 2009 |
| The World's 300 Largest Pension Funds - Year End 2009 |
| Towers Watson |
| Sep 2010 | WORLDWIDE | Worldwide News, Investment - Performance |
Joint research by Pensions & Investment and Towers Watson has shown that assets under management of the world's largest pension funds totalled US$11.3trn in 2009. Funds increased their value by 8.2% last year after declining 12.6% in 2008, but have yet to return to pre-crisis levels.
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| AA56127A | | |
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