Hints and tips:
...A spokesperson for the BP pension trustees said they had a duty to “continually review and assess all investment options to manage the security of the fund and members’ benefits”, adding that “such options...
...These must have exclusively charitable purposes for the benefit of the public, and the trustees of the charity must act in the best interests of the foundation, not the commercial company....
...In the majority of cases, they are useful and practical and, when opened with a trusted partner or family member, can bring many saving and spending benefits....
...Biotechnology uses biological processes to develop products, including medicines and biofuels, and cleaner manufacturing processes, which benefit human health and the environment....
...A practical solution might be to speak to a professional genealogist or heir hunter and explain that you hold an asset for the benefit of your friend’s estate....
...In the private sector, these schemes, which promise to pay benefits based on salary and length of service, are now largely closed to new members....
...of the National Institute of Mental Health; and Samantha Boardman Rosen of Weill Cornell Medical College....
...The cohort of artists doesn’t just benefit from being given space (rented at £1 a foot to cover utilities) and the sense of community....
...Many executives are tired of the balance sheet volatility, the ongoing risk and potential demands for top-up payments from scheme trustees....
...Data visualisation by Keith Fray Letters in response to this article: Pension fund assets could be made to work for benefit of all / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...The impetus to form unions back in that day was safety and health. People were literally dying on the job....
...“The committee has clearly set out its expectations relating to the minimum level of resilience it wants trustees and fund managers to adhere to when using LDI, and I am pleased this builds on the guidance...
...In any event, if you were to die while your grandchild is under 18, you should consider who would be best placed to manage the funds for their benefit until they inherit outright....
...So we need banks to be in good health and able to bring companies to market. And all of these very delicate things all have to go right all at the same time....
...If DB schemes are in good health, what is the problem? The current crisis stems from a mismatch between the liquidity of the assets of funds and the collateral requirements of the hedges....
...The Pensions Act 2004 created The Pensions Regulator and the Pension Protection Fund, which became influential supporters of LDI, but the concept was taking root much earlier....
...of thousands of traditional final salary, or defined benefit, pension plans....
...Appreciate the benefits of pensions in terms of those contributions, the free money from your employer and the tax benefits of starting early, the effect of compounding on that pension, of getting the money...
...“Businesses and trustees need to be confident that the new code will allow them to make decisions that benefit savers and the long-term health of companies.”...
...The body representing hundreds of British universities has questioned the role of the Pensions Regulator in a recent valuation of the sector’s main retirement fund, which estimated a funding shortfall of...
...In Australia’s “superannuation” system, where all the funds are managed on a defined contribution basis, trustees were inundated with requests to take advantage of the emergency relaxation of rules, which...
...“However, future income — and how long that can be sustained — will be wholly dependent on how the fund is invested and how it performs, which will be the responsibility of the individual.”...
...Here’s the upshot: The animal health market is broad but has consistent growth (4-5% per annum) and enjoys some of the benefits of the pharma market as well as the most attractive aspects of the consumer...
...One prime example of the problem is the use of capitalisation-weighted indices as benchmarks for the composition of passive funds, and for the performance of active funds....
...Regulators also required pension funds to act. Last year the UK directed pension fund trustees to consider ESG factors or give a reason why they had not. Some investors were already on board....
International Edition