Global Pensions | 03 Sep 2010
UK - Pension liabilities for UK private sector final salary pension schemes reached £1.2trn ($1.8trn) in August.
UK - Defined benefit sponsors continue to under value the risks associated with poor member data, Aon Consulting warns.
US – Hewitt Associates will acquire US consulting firm EnnisKnupp, a move Hewitt said sweetened its merger deal with Aon Consulting announced less than two weeks ago.
GLOBAL - Aon Hewitt will deliver cost savings of $355m (£235m) a year through cuts in both back and front office operations, Aon Corporation has said.
The merger between Aon Consulting and Hewitt Associates marks yet another step in industry consolidation.
GLOBAL - Aon Consulting and Hewitt Associates are to merge to form a new consultancy in a $4.9bn deal.
UK - Final salary pension schemes are now ranked as the second biggest threat facing corporates, Aon Consulting said.
UK - Another wave of quantitative easing proposed by Mervyn King could push up pension scheme liabilities and increases deficits after a period of relative calm, Aon warned.
UK - The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn (US$166bn) – topping the £100bn mark for the first time ever, Aon Consulting’s Aon200 index revealed.
The Australian superannuation system, so long the darling of many pensions policy aficionados finds itself under pressure as never before. For the first time savers are having to face up to the fact their nest eggs have shrunk and that markets do not always chart a steady northward trajectory.
UK - Defined contribution pension funds have returned to the value they were before the recession started in September last year, Aon Consulting figures showed.
Keren Holland discusses how the Danish pension system is dealing with the current crisis and is planning for the future
Updating your subscription status
Advertisement
Advertisement
ADVERTISEMENT
Dutch pensions to rise 0.4%
Thorn and PIC complete £1bn buyout
Morningstar chosen by Singapore's CPFIS
Global schemes take diverging views on volatility
Sarkozy won’t move on pension age, makes bill changes