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Showing 161 - 170 of 176 results for "Defined contribution"

WW opens pension info site

MICHAEL HOBBS  |  TUESDAY, 11 NOV 2008
... alarmed with the lack of engagement with staff. The 'Be in touch' online tool can be used by employees and defined contribution (DC) scheme members to learn about retirement strategies and their savings. This initiative follows a Watson Wyatt report ...

DC pension risk reviews flawed

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
Watson Wyatt research revealed less than one fifth of defined contribution (DC) pension schemes carried out a risk assessment in the last 12 months despite continued bad markets. Gary Smith, Watson Wyatt senior DC consultant, said this number of risk ...

Deloitte hires Mercer UK for pension admin

MICHAEL HOBBS  |  FRIDAY, 8 AUG 2008
Deloitte appointed Mercer UK to provide full administration services for its defined benefit and defined contribution pension schemes. In total, both schemes represent roughly 17,000 members and approximately $1.6 billion in assets. Jason Pope, Mercer ...

ING buys Citistreet for $960m

MICHAEL HOBBS  |  MONDAY, 5 MAY 2008
... services to more than 16,000 plans across Australia and the US. This purchase makes ING Group the third largest defined contribution business in the US based on assets under management and assets under administration. "This acquisition significantly ...

Retirement liabilities dwarf assets six-fold

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... investment risk. The shift away from DB pensions conversely puts huge pressure on accumulation (also called defined contribution) plans to step up to the plate to emulate the diversified investment approaches of DB funds and to ensure their fiduciary ...

RSL snubs proposed super changes

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
... earnings, this pension should move to the same index arrangement," said Crews. "This proposal reduces the defined contribution up front from 18 per cent to 16 per cent and it has reduced the reversionary benefit for surviving spouses from high 60's to ...

UBS and Genworth tap income-for-life market

RUTH LIEW  |  FRIDAY, 15 FEB 2008
... shortfall and inflation - faced by investors as they prepare for retirement," said Drew Carrington, head of defined contribution and retirement solutions group at UBS Global Asset Management. "This guaranteed income for life options is the final piece ...

Ambachtsheer receives Outstanding Industry Contribution Award

... are getting serious attention as to how they are optimally designed. The world of Defined Benefit versus Defined Contribution has progressed, leading to an optimum hybrid between the two. The key to all this is integrated thinking," he added. Based in ...

Gap between DB and DC pension payouts widens

A new study has found that members of defined contribution (DC) pension plans in the UK are likely to receive 42 per cent less than their counterparts with defined benefits (DB) schemes. The findings were from the annual Fidelity Retirement Index released ...

Alternative low-cost retirement funds on rise in US

Employers in the US are turning to unregulated, low-cost investment vehicles called 'collective funds' and regulated 'retirement services' funds to house their staff's pension instead of using traditional managed funds. According to the latest 'industry ...