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...did its first transaction last year with a corporate pension plan that was not in the protection fund....
...of EnnisKnupp, a consultancy that works with pension plans....
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...Our plan is that workplace pensions would be attached to a worker and go with them when they change job....
...IBM’s plan was particularly well funded but it is not a one-off example....
...— has quite the job ahead of him, which he obliquely nodded to in the pension plan’s statement: “I’m grateful to CalPERS’ leaders for the trust they’ve put in me to help shape the pension fund’s next chapter...
...The $38tn US retirement system is one of the world’s largest, and US employers were among the first to shift from defined benefit pensions to defined contribution plans....
...For decades the plans — which promise guaranteed pensions calculated on salary and length of service — formed the bedrock of British workplace pension provision....
...These figures could be an underestimate, it added, as Aim relief is used heavily by trusts for which there are no direct statistics available....
...But earning the trust of the market will require sustainable earnings growth. Just Group will need to work hard to find sufficient investment returns to match the ample supply of bulk deals on offer....
...So perhaps Hamlet’s best course of action is to make plans based on the current legislation, while making decisions based on his personal circumstances and goals, rather than trying to second guess what...
...providers after the self-invested personal pension (Sipp) company was placed into administration....
...As part of the reforms, the government gave further details about its plan announced in November to create a public pension consolidator by 2026, which could help channel billions of pounds of pooled pension...
...Employers are not obliged to pay into a pension plan chosen by their workers....
...“We know that as we live for longer, we need to work for longer,” she said, adding, “we’ve got no plans to lower the state pension age.”...
...And a particular set of confident investors are eschewing annuities in favour of buying index-linked gilts of differing maturities within a self-invested pension plan (Sipp) drawdown....
...The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement...
...The California Public Employees’ Retirement System has named a former top executive at the New Zealand sovereign wealth fund to direct the largest US public pension plan’s investments following the abrupt...
...Ultimately, the environment remains difficult for individuals or advisers to plan due to a lack of detail about how exactly future reforms would work....
...Poorly performing pension plans will be banned from taking on new business as part of a major shake-up of Britain’s £120bn workplace retirement market, under government plans unveiled ahead of next week’...
...Today schemes like the Ontario Teachers’ Pension Plan rank among the largest and most sophisticated institutional investors in the world....
...Some of the UK’s biggest pension plans are taking advantage of steep price discounts to snap up real estate and other private assets, as fellow retirement funds put their harder-to-sell holdings on to the...
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
...Last year, chancellor Jeremy Hunt announced plans to relax the tax charge on surplus funds extracted by employers from company pension plans, with the changes to come into effect in April....
...Speaking last week, before the Treasury outlined plans for a major reform of the sector, Carol Young, chief executive of the £73bn Universities Superannuation Scheme, said she had no problem with new disclosure...
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