Funding – Page 89
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News
Dutch giant PMT concedes decision on pension rights cut a 'tight one'
Industry-wide scheme for metalworkers cuts accrual but maintains contribution
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Nearly 40 Dutch pension funds to cut rights next year – Aon Hewitt
To avoid cuts, pension funds must have funding of at least 104.3% by year-end
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German foundations weathering financial crisis well, survey shows
Nearly 40% of respondents manage to maintain investment income in 2012
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NewsCost-cutting ABP lowers contribution by nearly 4 percentage points
Opposition politicians question motives behind sudden, significant cut
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Ireland’s largest defined benefit schemes still 'under pressure'
Lane Clark & Peacock survey cites falling euro corporate bond yields
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Swiss longevity 'massively underestimated', Towers Watson warns
Pension funds miscalculating members’ longevity by almost 20 days a year
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Philips pension fund underperforms benchmark but bolsters coverage ratio
Dutch scheme still wary of granting indexation despite 106% funding
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Possibility of variable pensions sparks heated debate in Switzerland
Aon Hewitt unveils sixth-annual pension fund survey in Zurich
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Fears over FTSE 350 pension deficits overblown, consultancy says
Typical deficit just 1% of market capitalisation, says Hymans Robertson
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UK DB funds drop corporate bonds in favour of index-linked sovereigns
Trend continues towards greater exposure to global equities, while hedge funds break 5%
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NewsNordic roundup: Solvency levels, Skandia Liv, Storebrand, SPP, Folksam Liv, KPA
Rising long-term interest rates have been good for the Swedish pensions industry
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Pension Protection Fund levy 'here to stay'
Chief executive of UK lifeboat fund warns industry not to expect levy holidays
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Larger Dutch schemes remain wary despite progress on funding ratios
Biggest pension funds in Netherlands refusing to rule out rights cuts
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New FTK to increase Dutch contributions by 14% – Mercer
Consultancy confirms previous estimates of civil service scheme ABP
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IASB confirms employee contributions amendments
Question mark hangs over Standards Board’s plans for IAS 19
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News
Serco pays £17m to fund deficit, close defined benefit pension fund
UK – Outsourcing giant funds DB scheme acquired in recent deal to buy part of IT company Vertex.
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News
UK's Cambridgeshire outperforms, warns of 'unexciting' equity returns
UK – Fund sees outperformance despite property, European equity falling short of expectations.
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UK roundup: HMV, Deloitte, Aon Hewitt, Lookers
UK – Pension fund for retailer HMV fund unlikely to see outstanding claims, says administrator.
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Dutch pension fund Vervoer stands by defensive strategy
NETHERLANDS – Private transport scheme moves to reduce liquidity risk.
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Four in 10 Irish DB schemes yet to submit funding proposals
IRELAND – Opposition Fianna Fail party reveals 40% remain in breach of June deadline, down from over 70%.




