Latest News

02 September 2010 (PLANSPONSOREurope.com) The European Federation for Retirement Provision (EFRP) has proposed an EU Stewardship Code on corporate governance acceptable to all member states in its Green Paper on Corporate Governance in Financial Institutions and Remuneration Policies by the European Commission

02 September 2010 (PLANSPONSOREurope.com) French Labor Minister Eric Woerth predicted major demonstrations against his plan to overhaul France’s pension system, adding that he can envisage tweaking the bill though not ceding ground on lifting the retirement age.

02 September 2010 (PLANSPONSOREurope.com) ABN AMRO Clearing today will be relocating senior global management to Asia Pacific.   

02 September 2010 (PLANSPONSOREurope.com) Despite financial crisis global retirement market expected to grow to €36 trillion until 2020 according to Allianz.

02 September 2010 (PLANSPONSOREurope.com) The Netherlands budget deficit is set to fall to 3.5% next year, down from 6% this year, the Financieele Dagblad reports on Thursday, without quoting direct sources.

02 September 2010 (PLANSPONSOREurope.com) The former deputy president of Poland’s central bank has said the budget deficit plan the government is to adopt is superficial and shirks making crucial reforms.

02 September 2010 (PLANSPONSOREurope.com) Infrastructure funds can benefit from growing worldwide demand according to Swiss & Global Asset Management

  02 September 2010 (PLANSPONSOREurope.com) 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, according to a survey by Mercer.

 Private sector final salary liabilities hit £1.2 trillion according to Aon Consulting, with the Aon200 deficit increasing to £97bn with liabilities of £608bn 

02 September 2010 (PLANSPONSOREurope.com) Barings sounds warning over 'head in sand' attitude to pensions

02 September 2010 (PLANSPONSOREurope.com) BBC staff members have voted in favour of strike action in a dispute over pensions. Bectu and the National Union of Journalists said more than 90% of members had voted for a walk out.

01 September 2010 (PLANSPONSOREurope.com) - The Trustee of the Alliance UniChem Group UK Pension Scheme has insured its defined benefit obligations with Pension Insurance Corporation Limited (PIC) in a pension buy-in deal.

01 September 2010 (PLANSPONSOREurope.com) - Bluefin is to launch an off-the-shelf flexible benefits product aimed at small and medium businesses.

1 September 2010 (PLANSPONSOREurope.com) Romania must prove it paid overdue debts to private companies and approve changes in its pension system by the end of September to unlock the next installment of its bailout loan, the International Monetary Fund (IMF) has said.  

1 September 2010 (PLANSPONSOREurope.com) Trading on the currency markets has grown by 20% in three years to £2.6 trillion a day. A three-year report into currency dealing shows rapid growth in trading, with the majority of business happening in London. 

1 September 2010 (PLANSPONSOREurope.com) The Edinburgh-based insurance and pensions giant Standard Life is to cut up to 500 jobs over the next 18 months, according to the BBC. 

1 September 2010 (PLANSPONSOREurope.com) The Pensions Management Institute (PMI) has announced the first batch of results from their recent Career Development Survey which showed that PMI members earn £14,000 more than the average salary of non members. 

1 September 2010 (PLANSPONSOREurope.com) Loss of DB benefits is final nail in the coffin for DWP promised ‘flexibility’ in UK pensions says Grove Pensions Solutions 

1 September 2010 (PLANSPONSOREurope.com) Companies making changes to their defined benefit schemes in 2010 are drastically cutting back on their contribution rates as part of the redesign of their pension schemes, according to a new survey issued by Mercer. The survey also indicated that the evolution of ‘traditional’ DB will continue with a third of respondents indicating that they are considering making changes to their DB plans. 

1 September 2010 (PLANSPONSOREurope.com) The number of companies that reported a loss for the first half of the year outnumbered those in the black for the first time in the history of the Athens bourse, according to data prepared by brokerage Pegasus.