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Tag: pension
Benefits Management Employers must disclose pension de-risking...
2015-03-11 20:13:12| Paper - Topix.net
In 2012, Verizon purchased a group annuity contract from Prudential to transfer $7.5 billion in pension obligations. Since then, several other major employers, including Bristol-Myers Squibb Co., Kimberly-Clark Corp., Motorola Solutions Inc. and NCR Corp., have "de-risked" their pension plans by shifting billions of dollars in pension plan liabilities to insurers through the purchase of group annuities.
Tags: management
benefits
employers
pension
Regulator 'alert to pension scams'
2015-03-11 16:51:47| BBC News | Business | UK Edition
A regulator has vowed to be on the lookout for fraud and scams when new pension freedoms come into force in April.
Tags: alert
pension
regulator
scams
United Kingdom: Boris Johnson told divest 4.8bn pension fund from fossil fuels
2015-03-11 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Boris Johnson has been told by the London assembly to pull City Halls 4.8bn pension fund out of coal, oil and gas investments, after assembly members voted on Wednesday on a motion in support of the fossil fuel divestment movement. The motion calls on the mayor to publicly support the principle of divestment and to begin the process of dumping the fossil fuel portfolio of the London Pension Fund Authority (LPFA). But the vote is non-binding, meaning the mayor is bound only to consider its proposals...
Tags: united
kingdom
united kingdom
told
Pension choice: Annuity or drawdown?
2015-03-11 01:10:40| BBC News | Business | UK Edition
How to get more from your pension pot
Tags: choice
pension
annuity
drawdown
Pension change lifts Wilmers' pay at M&T
2015-03-09 21:12:52| Beverages - Topix.net
Robert Wilmers , the longtime chairman and CEO of Buffalo's M&T Bank , received a compensation package last year worth $4.2 million, nearly 15 percent more than he received in 2013, according to a new regulatory filing. The increase doesn't stem from higher salary or bonus pay; rather, it is the result of a change in pension value from $226,467 to $989,767.
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